Reuters | Oil prices bounce but stuck near 2017 lows on supply overhang Reuters Oil prices are more than 12 percent below where they were in late May, when producers led by the Organization of the Petroleum Exporting Countries (OPEC) extended for nine months a pledge to cut output by 1.8 million barrels per day (bpd). The cuts had ... Oil Set for Longest Run of Weekly Losses Since 2015 Amid Glut OPEC Took Aim at US Oil Producers, but Hurt Itself, Too Oil prices fall to 7-month low; natural gas rallies |