Reuters | Oil rises after news OPEC could extend output cuts Reuters Most OPEC members appear to be sticking to the deal so far but it is unclear how much impact the supply reductions are having on world oil inventories that are close to record highs. The supply pact could be extended by May if all major producers ... Are Oil Markets Ignoring Demand? Oil prices steady despite record US crude and gasoline inventories US shale producers export record 1 million barrels of oil per day to world market as OPEC cuts back |