Reuters | Oil little changed as growing US supply offsets bullish Saudi comments Reuters At the CERAWeek energy conference in Houston, Saudi Oil Minister Khalid Al-Falih said last year's agreement by OPEC and non-OPEC countries to curb supplies and boost prices has improved oil market supply and demand fundamentals. But Falih said that ... Oil Closes Near $53 as OPEC Weighs Extending Production Curbs US can grow oil output by up to 5 million barrels a day in coming years, says Saudi oil minister International players from the oil industry meet in Houston |