Reuters | Oil prices slip on doubts over output cuts Reuters But global oil production remains high and, with inventories near record levels in many areas, investors doubt that OPEC and its allies can trim output enough to push up prices. "Cuts by OPEC and non-OPEC countries have just started and it will take ... Oil struggles for direction ahead of OPEC data Oil prices expected to stay low Crude Oil Futures - Weekly Outlook: January 16 - 20 |