Oil falls as signs of U.S. output rise overshadow OPEC-led cuts

LONDON (Reuters) - Oil prices fell one percent on Monday as signs of a strong recovery in U.S. oil drilling activity outweighed news that OPEC and non-OPEC producers were on track to meet output reduction goals set in December.

from Reuters: Top News http://uk.reuters.com/article/uk-global-oil-idUKKBN15701O?feedType=RSS&feedName=topNews