Reuters | Oil rises as OPEC aims for deeper output cuts Reuters OPEC Secretary General Mohammad Barkindo told an industry conference in London that January data showed conformity from participating OPEC nations with output curbs had been above 90 percent and oil inventories would decline further this year. Crude oil is spiking after OPEC says it's sticking to its agreement to cut production Biggest Gasoline Glut In 27 Years Could Crash Oil Markets This Is the World's New Top Producer of Crude Oil |