CNBC | Oil rises after record Chinese imports but threat of oversupply grows CNBC Oil rose on Thursday, recovering modestly from this week's three-week lows, after record Chinese crude imports soothed some concern that demand in the world's largest commodity buyer may be flagging just as global supply is rising. Record U.S. crude ... Oil set for longest losing run since 2014 as supply fears ease Oil to hit $100 if supply crunch worsens US oil prices at lowest in nearly 8 mos. as domestic crude supplies climb for 7th week in a row |