Reuters | Oil rises over 2 percent, but shows first weekly fall in six Reuters Prices fell this week as fears of oversupply remained after U.S. government data showed oil output C-OUT-T-EIA touching a record 9.65 million bpd last week. The International Energy Agency also said that the United States would account for 80 percent ... Oil set for first weekly fall in six on oversupply Oil Lingers Near $55 as Investors Wait for Clarity on OPEC Deal ... A lightning fast rally in oil prices is reversing. Here's why - CNBC.com |