Oil above $37 as U.S. supply tightens

*Still near 11-year low 24 December 2015, London — Oil edged further above $37 a barrel on Thursday but remained within sight of an 11-year low reached this week, as signs of a tighter U.S. market raised hopes a supply glut will ease. U.S. crude has gained support from falling inventories, reduced drilling and the […] More »