Reuters | Oil rises more than 1 percent, market corrects following OPEC Reuters One supportive factor for oil prices have been U.S. data showing seven weeks of draws on domestic crude inventories, said Mark Watkins, regional investment manager at U.S. Bank. "We're starting the beginning of the summer driving season, there's a lot ... Russia's not ruling out a deeper cut to oil production after OPEC disappoints Oil price falls despite deal to extend output cut Texas Claims Victory As OPEC Forced To Roll Over Oil Production Cuts |