Reuters | Oil prices rise as potential supply cuts remain in focus Reuters Brent prices continued to rise despite Saudi Arabia sending signals that it could boost its crude oil supplies in August to a new record, even as it gets ready for tough talks next month for a global output freeze. "We remain sceptical that renewed ... Gains for oil prices fade on persistence worries over global supply glut US oil closes 0.45 pct higher, or 21 cents, at $46.79 a barrel Oil Prices Ticked Higher on Falling Stockpiles |