CNBC | US oil settles down 27 cents, or 0.55, at $48.52 a barrel CNBC Oil prices weakened heading into U.S. crude's settlement Thursday after a larger-than-expected drawdown in U.S. crude stockpiles was balanced by a stronger dollar and position squaring ahead of the expiry of the front-month contracts in gasoline and ... Oil Prices Steady Amid Reported Production Drop Opinion: Buying oil stocks at these prices is just spilling money Oil rises after US crude stocks draw |