DailyFX | Positioning Shift And Sentiment May Pressure Oil As Supply Swells DailyFX The Oil market appears to be wholly focused right now on whether or not the OPEC accord to reduce supply so that price stockpiles come in line with the 5-year average will be extended past June. News of a possible extension supported by comments from ... US crude settles higher at $48.78, eking out weekly gain as weaker dollar provides support Here's What Kept Oil Prices Low This Week Oil prices steady, heading for modest weekly rise |