Reuters | Oil slips, as US supply threatens to undermine OPEC cuts Reuters Oil prices have slipped from the two-year highs hit last week by both crude benchmarks on signs that U.S. supply is rising and could potentially undermine OPEC's efforts to tighten the market. The U.S. Energy Information Administration on Wednesday ... Geopolitics is the wildcard for oil right now, says Energy Aspects' chief oil analyst Oil Trades Near $55 as Investors Wait for Clarity on OPEC Action Rising US Oil Stocks Weigh on Prices |