Oil Prices

Oil prices: Oil prices have traded in a tight range in recent weeks, with U.S. prices pivoting around the psychologically key $60-a-barrel level. Forecasts that the global glut of crude oil is due to shrink, due to growing demand and a decline in drilling, have boosted prices from multiyear lows earlier this year. But some investors remain hesitant, especially because some U.S..., according to Wall Street Journal and Oil prices fell Friday on continuing concerns about oversupply. (news.financializer.com). As reported in the news.