Reuters | Oil rises from one-week low, US inventory data in focus Reuters Sentiment in oil markets has been torn between expectations of a rebound in U.S. shale production and hopes that oversupply may be curbed by output cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) and others. Can Saudi Arabia Survive With Oil Below $60? Oil trims loss as OPEC's Barkindo says he sees 'tremendous effort' to cut output CNBC Survey: Oil's rebound above $50 in Q1 based on 'faith than fact' |