Reuters | Oil steady as market conditions tighten despite rising US output Reuters SINGAPORE (Reuters) - Oil markets were stable on Monday, largely holding on to Friday's big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent fall in U.S. crude inventories since March. Brent crude futures ... Oil up 3% as $US falls, US rig count drops Oil Confounds Hitting 4-Week High Crude oil futures - weekly outlook: August 21 - 25 By Investing.com |