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LONDON -- Oil slipped on Tuesday from seven-year highs, with prices pressured by speculation that producer group OPEC+ could decide to boost supply by more than flagged previously as well as expectations of a rise in US inventories. While the Organization of the Petroleum Exporting Countries (OPEC) and allies, together known as OPEC+, has been expected to maintain its policy of gradual production increases at a meeting on Wednesday, Goldman Sachs said there was a chance of further steps. "We view growing potential for a faster ramp-up at this meeting, given the pace of the recent rally and the likely pressure from importing nations," the bank said in a Jan. 31 report, adding th...

Keep on reading: Oil dips below $89 on potential for faster supply boost
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