Reuters | Oil down 2 percent as dollar firms, OPEC compliance rate shrugged off Reuters NEW YORK Oil prices declined on Monday by about 2 percent, the most since mid-January, pressured by a stronger dollar and signs of rising U.S. crude output. Investors were meanwhile underwhelmed by an OPEC report showing high compliance with last ... Oil output cuts working quicker than expected, signals Opec Oil suffers first loss in 4 sessions as US output concerns flare up US crude settles at $52.93, down 1.7% on concerns about rise in US drilling |