Reuters | Oil remains near 2015 highs on tight market outlook Reuters Data from the U.S. Energy Information Administration (EIA) shows that following rampant oversupply in 2015, global oil markets gradually came into balance by 2016 and started to show a slight supply deficit this year, resulting in a reduction of global ... Oil Holds Steady Through Holidays As oil passes major milestone, here's what 2018 could hold Oil hits $60 a barrel for the first time in 2.5 years |