Reuters | Oil up near $62 after Saudi comments on demand Reuters Crude benchmarks in the U.S. and Europe posted their largest percentage gains in nearly two weeks on Wednesday, supported by remarks from Saudi Arabia's oil minister, Ali al-Naimi, and a slightly stronger-than-expected Chinese manufacturing survey. Oil gives back some gains as investors weigh up supply Oil Prices Fluctuate as Market Remains Oversupplied Massive Oil Inventories Factor Into Market Prices |