Reuters | Oil prices rise on expected decline in US crude stocks Reuters LONDON Oil prices rose on Tuesday on forecasts of a steep draw in U.S. crude stocks that could indicate global oversupply is starting to shrink. Benchmark Brent crude oil futures LCOc1 were trading up 56 cents, or 1 percent, at $55.48 a barrel at 1329 GMT. Oil prices advance with supply data in sight Oil Prices Edge Higher in Thin Holiday Trade Oil rises on expected US crude stocks draw |