Global inventories of crude have begun to draw down in the 3rd quarter, leading to a flattening of oil's cost curve http://ow.ly/dEjX303g1iS

Saudi Arabia may be ready to budge on its punishing 2-year oil price policy

Oil markets may have adjusted enough for Saudi Arabia to consider intervening to prop up crude prices, Credit Suisse's Jan Stuart said.

source http://ow.ly/dEjX303g1iS