MarketWatch | Oil prices turn higher after shooting of Russian envoy lifts geopolitical fears MarketWatch Phil Flynn, senior market analyst at Price Futures Group, said crude-oil prices are more sensitive to geopolitical news because supplies are much tighter in the wake of the Organization of the Petroleum Exporting Countries's pledge to cut output by 1.2 ... Oil Prices Meander on Uncertainties About Inventories Oil Trades Near $52 as Investors Eye Libyan Crude Output Return Crude Oil Price Forecast: Why Oil Bulls Are Gaining Confidence |