Oil slips as U.S. stocks rise; prospect of OPEC action supports

LONDON (Reuters) - Oil prices slipped towards $59 a barrel on Wednesday on data showing a bigger-than-expected rise in U.S. crude stocks, while the prospect of deeper output cuts by OPEC and its allies offered support.Brent crude futures were down 47 cents, or 0.79%, to $59.23 a barrel at 1130 GMT. West Texas Intermediate (WTI) crude futures for December delivery fell 56 cents, or 1.03%, to $53.92 per barrel.U.S. crude stocks rose by 4.5 million barrels to 437 million barrels in the week ended..