Reuters | Oil slips below $52 as abundant supplies weigh Reuters 28 deal to reduce oil production, before weakening on rising U.S. crude stocks and as the Organization of the Petroleum Exporting Countries' own numbers showed output is still rising. [OPEC/M]. Global benchmark Brent LCOc1 was down 4 cents at $51.99 at ... Oil price edges higher on petrol-stocks drop Oil Gains on US Fuel Drawdown, Doubts Over OPEC Cuts Oil ends higher; traders cheer drop in US output, even as supplies tick up |