U.S. oil on Thursday moved away from one-week lows touched the session before, with investors turning their attention to upcoming government data on U.S. inventories. Sentiment in oil markets has been torn between expectations of a rebound in U.S. shale production and hopes that oversupply may be curbed by output cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) and others. The international benchmark for oil prices, Brent crude rose 51 cents, or 0.95 percent to $54.43 a barrel by 0321 GMT after closing down 2.8 percent in the last session. U.S. West Texas Intermediate crude oil was trading up 46 cents at $51.54 per barrel, having dropped to a one-week low on Wednesday at $50.91 a barrel. “Some bargain hunters are happy to pick up oil […]