MarketWatch | Oil prices rise as market looks to fresh data for a steer MarketWatch Brent crude LCOQ7, +1.60% , the global oil benchmark, rose 1.47% to $48.86 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures CLN7, +1.44% were trading up 1.33% at $46.44 a barrel. The real risks of the falling oil price America's Stubborn Oil-Supply Glut Catches Funds Off Guard Oil in Global Economy Series: Number of active oil rigs in US rises for 21 straight weeks |