Reuters | Oil prices slip as rising US supplies offset OPEC cuts Reuters U.S. crude stockpiles have been rising for seven consecutive weeks, and forecasts of an eighth build of 2.9 million barrels last week fueled worries that demand growth may not be sufficient to soak up the global crude oil glut.[EIA/S]. Inventory data ... Oil prices fall 1 per cent as rising US supplies offset OPEC cuts US oil logs slight gain as signs of rising production cast a shadow Oil Edges Up as Bullish Bets on Rising Prices Hit Record High |