Reuters | Oil edges lower, trade thin as some cash in after three-week rally Reuters "While the Saudis and the Russians have been complying with their cuts we've seen Iraq and a number of other countries produce more than their share of the quota," Andrew Lipow, president of Lipow Oil Associates in Houston, said. "So that gives the ... OPEC warns of a world that still has far too much oil Why US Crude Oil Imports Are Rising China Snubbing OPEC Oil |