Fortune | Saudi Arabia Signaled It's OK With Oil at $50 a Barrel Fortune Oil prices rose on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed. Brent crude futures were trading at $50.60 per barrel at 0643 GMT, up 25 cents ... Oil climbs as market seen in balance, but slow demand weighs Brent Oil Trades Near $50 as Nigeria Militants Carry Out Attacks Oil prices edge up as Brent pushes further above $50 |