CNBC | US oil settles up 2.3%, at $48.53 a barrel CNBC Crude prices hit one-month highs on Tuesday after a new U.S. forecast showed tighter oil supplies next year, while Russia, Saudi Arabia and other big producers hinted at further talks to support the market. Global crude benchmark Brent returned to ... Oil Rises on Growing Expectation of Production Cuts Oil price forecaster declares crude at a 'turning point' Oil jumps $2, breaking range as supply seen ebbing |