MarketWatch | Oil prices rise after IEA sees 'dramatic' fall in supply glut MarketWatch The International Energy Agency said that global oil stocks will experience a “dramatic reduction” in the second half of the year on the back of strong demand and falling supply by some major producers. A series of production outages around the globe ... Oil prices steady as return of Canadian output offsets tighter global market Oil closes at $46.23, a 6-month high, after first US crude draw in six weeks Oil catapulted high as US stockpiles surprise |