Oil prices are running toward $50 per barrel, up nearly 60 percent from 2016 lows, as more data surfaces to support a push away from supply side pressures. The price for Brent crude oil was up 2 percent in early Wednesday trading to $46.68 per barrel. West Texas Intermediate, the U.S. benchmark price for crude oil, was up 2.1 percent to start the day in New York at $44.96 per barrel. Oil prices have rallied as a series of reports find balance between supply and demand is starting to return. While reporting its own production was expected to decline moving through the year, BP CEO Bob Dudley said “market fundamentals” are pointing to a market […]