Reuters | Oil dips over doubts high OPEC compliance with agreed cuts will last Reuters Yet overall, analysts said oil markets remain well supplied despite the OPEC-led cuts, in part due to a 6.5 percent rise in U.S. oil output since mid-2016 to 8.98 million bpd. [C-OUT-T-EIA]. U.S. bank Citi said that it was lowering its 2Q 2018 and 4Q ... If OPEC cheats on its production cuts, here's when that oil probably starts flowing A Bloodbath Looms Over Oil Markets Oil settles higher on global output cuts as traders await US supply data |