Reuters | Oil edges higher as OPEC boost offsets dent from US supply Reuters LONDON Oil edged higher on Wednesday as OPEC said it was committed to eroding a global surplus of crude, but increasing shale production in the United States and still-high global stocks threatened to pull prices lower. Brent crude futures LCOc1 were ... Citi sees oil at mid-$US60 a barrel as OPEC counters US shale Oil steadies as Opec boost offsets dent U.S. Shale Surging, But Oil Holds Steady |