Reuters | Oil steady on OPEC cuts, US output recovery Reuters LONDON Oil prices were steady on Tuesday as news of lower production by OPEC and other key exporters was balanced by reports of more drilling and higher output in the United States. Benchmark Brent crude LCOc1 was down 5 cents at $55.18 a barrel ... Why Oil Won't Rally Above $60 In The Near Term Oil Advances on Signs of Increased OPEC Compliance With Accord Oil prices retrace steps as market fluidity continues |