CNBC | Oil rises as tighter US market offsets Asia woes CNBC Oil prices rose on Tuesday after evidence of tightening supplies in the United States, the world's biggest oil consumer, outweighed concerns over the health of the Chinese economy. China's giant manufacturing sector is shrinking, economists say, as ... Oil jumps 2 percent on hopes for US inventory draw Oil Prices Gain on Expectations US Crude Output Will Slow Further Oil rises on expectations for a slowdown in US crude output |