Reuters | Oil rises on report of lower US crude inventories, stock market recovery Reuters A group of oil producers around OPEC and Russia have been withholding supplies since last year in order to tighten supplies and prop up prices. The cuts are set to last through 2018. “Evidence points to a global inventory market that has arguably ... US crude drops 1.2%, settling at $63.39, as market volatility persists after equity sell-off Oil's 6.66% sell-off no omen of impending crash Oil Prices Inch Higher After API Reports Surprise Crude Draw ... |