Oil dips as soaring U.S. production outweighs talk of OPEC output cuts
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SINGAPORE (Reuters) - Oil prices dipped on Thursday as record U.S. crude output heightened concerns of a return of global oversupply, stoking talk from within OPEC that production curbs may become necessary once again to prevent a glut.Front-month Brent crude oil futures were at $71.93 a barrel at 00301 GMT, down 14 cents from their last close.U.S. West Texas Intermediate (WTI) crude futures were at $61.68 per barrel, virtually flat from their last settlement.Benjamin Lu of brokerage Phillip..