Reuters | Oil rebounds after US inventory figures, Saudi comments Reuters [USD/] Oil tends to move in the opposite direction of the dollar, and has been trading in tandem with risk assets like stocks of late. However, the market recovered after the Saudi oil minister said the Organization of the Petroleum Exporting Countries ... Producers would rather tighten oil markets than exit cuts deal too early - Saudi oil minister Saudi Arabia Vows To Cut More Production To Stabilize Oil Market Saudi Arabia seeks to further reduce oil stockpiles |