Reuters | Oil rises on Saudi offer to cut output as OPEC talks loom Reuters The Saudi offer, ahead of next week's meeting of OPEC ministers trying to staunch oil price losses, has yet to be accepted by Tehran, three sources familiar with the discussions told Reuters. Brent crude oil LCOc1 and U.S. West Texas Intermediate (WTI ... Canada is pumping so much oil to the U.S. there are not enough pipelines to carry it US oil settles at $46.32 a barrel, up 98 cents, or 2.16% Crude oil counter shaky, but signs are that prices will look up sooner than later |