Reuters | Oil rebounds from one-month low on hopes for output cut extension Reuters LONDON Oil prices rebounded on Friday after dropping to a one-month low the previous day, prompting investors to buy at cheaper levels ahead of a May OPEC meeting at which producers could extend output cuts. Gains were also helped by a weaker ... Production deal 'restoring balance' to oil World Bank Maintains Oil Price Forecast At $55 Oil's April Rollercoaster Takes It Back to $50 on Supply Dilemma |