Top news - January 18, 2011

Oil Slips on Reports of Higher OPEC Output 

Oil slipped on Tuesday after the International Energy Agency (IEA) said OPEC members had been quietly raising output and the oil producing group insisted the market was already amply supplied. North Sea Brent for March dropped by 11 cents to trade at $97.32 a barrel by 1300 GMT, slipping from morning highs of $98.37 a barrel....