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Why upside in oil is limited—along with the downside: NYSE trader

Oil is getting a boost today after the latest US supply figures showed a 5.2 million barrel drawdown. Nevertheless, US rig counts keep rising week after week, and there's increasing talk of OPEC renewing its production freeze by the end of May. Yahoo Finance's Alexis Christoforous is joined by Keith Bliss of Cuttone and Co. from the New York Stock Exchange to discuss.