Reuters | Oil dips on rising US output, but drilling activity slows Reuters SINGAPORE (Reuters) - Oil dipped on Monday, weighed down by rising U.S. output although a 13 percent fall in U.S. crude inventories since March indicated a gradually tightening market. Brent crude futures, LCOc1 the international benchmark for oil ... Brent Oil Steals the Show as Hedge Funds Leave US Crude Aside Oil up 3% as $US falls, US rig count drops Weekly Oil Markets Recap - Global Oil Storage Set To Fall Further |