Reuters | Oil dips as Russia signals output will stay high Reuters NEW YORK (Reuters) - Oil prices edged lower on Monday as Russia signaled output will remain high, but losses were limited ahead of U.S. sanctions on Iranian exports that are expected to reduce supplies when they come into effect in just under a week. Oil Trades Below $68 as Investors Assess Mixed Supply Outlook Oil Trades Below $68 Oil falls as economic outlook grows gloomier |