Reuters | Oil prices slip as high stocks overshadow OPEC cuts Reuters LONDON Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually balance the market helped to underpin prices. Brent crude futures were trading at $55.57 per barrel at 0945 GMT, ... Oil prices rise moderately on hopes for more cuts from OPEC US crude settles at $53.36, up 25 cents, as OPEC signals possible output deal extension Are Oil Markets Ignoring Demand? |