MarketWatch | Oil faces first loss in 4 sessions as US output concerns flare up MarketWatch OPEC's monthly oil report showed that members last month delivered more than 90% of the production cuts that were agreed late last year in an effort to rebalance the oil market. OPEC said oil production fell by 890,000 barrels a day in January compared ... Opec production cuts fail to lift price of crude oil OPEC reports record compliance with output cuts, raises 2017 oil demand growth forecast Oil falls as OPEC compliance report underwhelms |