published Apr 26th 2016, 2:17 pm, by Mark Shenk (Bloomberg) —Oil closed at the highest level in more than five months in New York amid signs that a global surplus is gradually diminishing. Futures rose 3.3 percent. BP Plc Chief Executive Officer Bob Dudley, who in February joked that swimming pools might

©2016 Bloomberg News O1845T6JTSEC (Bloomberg) — Oil traded near the lowest close in more than 12 years before weekly U.S. government data forecast to show crude stockpiles expanded, exacerbating a global glut. Futures were little changed in New York after dropping 3.3 percent Tuesday to the lowest level since September