Reuters | Oil prices hit one-month highs as buyers stay upbeat Reuters "The U.S. crude oil production profile is a mirror image of where it was last year, when at the end of the second quarter, production was 600,000 bpd lower than at the start of the year and this year is going to be the opposite," said Olivier Jakob, at ... U.S. Threatens OPEC As Oil Exports Hit Record High Oil Stays above $50 Despite Rising Inventories (USO, UCO) Information asymmetry bedevils the oil market |