Reuters | Oil prices rise supported by market balance signals Reuters Now, several analysts have said a two-year global supply glut that more than halved prices could be receding in any case, if the latest oil inventories are taken into account. They say stocks are not as high as usual ahead of the winter season. Brent ... Trimming Oil Output Won't Keep OPEC States Afloat US oil settles at $49.94 a barrel, down 41 cents, or 0.81% OPEC Reversal Is Gift to Oil Majors After 2 Years of 'Hell' |