Reuters | International oil prices dip on production cut doubts Reuters Traders said the dip was a result of scepticism that a planned oil output cut by the Organization of the Petroleum Exporting Countries (OPEC) and potentially non-OPEC member Russia would be sufficient to rein in a global production overhang which has ... Oil ends higher; traders cheer drop in US output, even as supplies tick up US crude settles up 26 cents as product draws offset crude build Crude Oil Price Forecast: Rising Prices Bring Higher Inventories |