CNBC | US oil settles up 1.8 percent, at $45.23 a barrel CNBC Oil prices rose more than 2 percent on Tuesday as expectations that U.S. crude inventories dropped in the latest week boosted prices after the previous day's slide. Oil got an early boost as U.S. equity markets rose on strong consumer confidence data ... Oil jumps 2 percent on hopes for US inventory draw Jefferies: China's Demand for Oil Is Totally Misunderstood by the Market Oil Prices Gain on Expectations US Crude Output Will Slow Further |