The Business Times | Oil slips as Opec seen able to offset Iran losses from sanctions The Business Times [SINGAPORE] Oil held losses below US$71 as Opec (Organization of the Petroleum Exporting Countries) signalled it has enough spare capacity to mitigate any impact on markets even if renewed US sanctions on Iran curbs exports from the group's ... Can oil prices extend their Iran-fuelled rally? Oil slips from multi-year highs as US rig count rises |