Reuters | Oil rises after US inventories drop, but extra supplies weigh Reuters LONDON Oil prices rose on Wednesday after a larger-than-expected fall in U.S. crude inventories but failed to recoup last week's losses due to concerns about rising output from the United States, Libya and Nigeria. The industry group the American ... Oil lower, US crude output seen at record high in 2018 Saudi Arabia's oil policy must take its inspiration from the Fed Oil prices get respite from selling after encouraging signals on US supply |