Chron.com | Oil rises, paring weekly decline Chron.com Oil rose, paring a second weekly loss, as strong Chinese crude imports allayed concerns that U.S. markets may remain oversupplied. Futures climbed 1.4 percent in New York, paring this week's loss to 1.5 percent. China's crude oil imports rebounded from ... Oil rises over 1 percent on threatened Nigeria strike, short covering Oil edges up on Chinese demand, but weekly losses loom Crude Oil Inches Back Up Amid Dearth of Negative Data Points |