Reuters | Oil rises toward $53 before US inventory report Reuters LONDON (Reuters) - Oil rose toward $53 a barrel on Wednesday ahead of a U.S. inventory report expected to show crude stocks dropped for a sixth week, although gains were capped by doubts about compliance with OPEC-led supply cuts. Oil Stuck At $50 As OPEC Output Jumps Oil Gains Ahead of US Stocks Report Oil prices extend losses as investors await OPEC news |