Oil up from four-month lows, inventories curb recovery

23 March 2016, London — Oil prices climbed off four-month lows on Thursday but the recovery was cautious with investors fretting that OPEC-led supply cuts were not yet reducing record U.S. crude inventories. Brent crude, the international benchmark for oil, was trading at $50.84 a barrel by 0915 GMT, up 20 cents on the day […] More »