Reuters | Oil dips on ample supply despite OPEC pledge to cut output Reuters SINGAPORE (Reuters) - Oil markets dipped on Friday, pulled down by high fuel inventories and improving industry efficiency, but were still on track for a solid weekly gain. Brent crude futures LCOc1, the international benchmark for oil prices, were ... Oil rises amid bets Chinese demand will help ease global glut Opec's 2018 Outlook: Still pumping too much oil ''Oil Market Rebalancing Hasn't Even Started Yet'' |