Oil steady on OPEC cuts, U.S. output recovery

24 January 2017, 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 by 1150 GMT, while U.S. light crude […] More »