Reuters | Oil prices stable on OPEC-led production cuts, but bloated inventories weigh Reuters DXY and lingering concerns about U.S. (oil) inventories, traders returned their focus to the OPEC production cuts being implemented at the moment," it added. The Organization of the Petroleum Exporting Countries (OPEC) and other producers including ... US crude settles at $53, up 1.3%, as drop in gasoline stockpiles signals higher demand Oil up after petrol stock draw, but market bloated Cost Of Shale To Drive Oil Prices Higher |