Reuters | Oil rebounds as Middle East tensions persist MarketWatch But downside for oil prices is also “a cause and effect of the increase in U.S. shale drilling where weaker speculative longs remain quite fragile to global risk sentiment,” Stephen Innes, head of trading for Asia at currency broker Oanda, told clients ... Oil prices rise on Middle East tension, falling Venezuela output Oil Rises Toward $63 as OPEC Cuts Weighed Against US Supplies Oil dips as Wall Street dives; tensions over Iran support crude |