Reuters | Oil drops on rising US crude inventories, OPEC seen to extend cuts Reuters In Venezuela, an OPEC-member with huge oil reserves, an economic and political crisis is threatening production, and the government is also at loggerheads with the Trump administration. With rising U.S. production undermining OPEC's efforts to tighten ... Oil Could Reach $60 Even as OPEC Production Rises Oil Pares Gains After Industry Data Shows Crude Stocks Rising US oil logs 3rd gain in a row as OPEC lifts demand forecast |