Reuters | Oil prices hover near eight-week highs on lower US stocks Reuters SINGAPORE (Reuters) - Oil prices were sitting just below 8-week highs on Thursday, buoyed by hopes that a steeper-than-expected decline in U.S. crude oil inventories will reduce global oversupply. Brent crude futures were down 6 cents, or 0.1 percent, ... Oil settles at a 2-month high as US crude stockpiles drop for a fourth week Oil buoyed by another sharp fall in US crude inventories Oil price jumps to near eight-week high after big draw in US crude stocks |