Oil prices posted fresh four-month highs this week on tighter supply conditions before economic fears sent oil markets crashing. Venezuela and Iran continue to report outages, while the surprise drawdown in U.S. inventories had seemed to give oil bulls the upper hand. Signals from the Fed that it was going to hold off on interest rate hikes this year should also have been bullish for oil, but the economic fear that drove that move from the Fed has hit oil markets too. Report gives […]