Reuters | Oil prices rise as details of Saudi supply cuts start to emerge Reuters Prices for Brent futures, the international benchmark for oil prices, were trading at $53.94 per barrel at 0800 GMT, up 30 cents from their previous close. U.S. West Texas Intermediate (WTI) crude futures were at $51.11 a barrel, up 29 cents. Traders ... Low Oil Prices Could Last As OPEC Cuts Won't Suffice Oil Falls Again on OPEC Output Increases Iraq Confirms Oil-Output Cut Even as Scheduled Exports Rise |