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UPDATE 5-Oil prices steady, OPEC cuts countered by slow progress in trade talks

* U.S. oil drilling & production levels: https://tmsnrt.rs/2S87iVI
(Updates prices, adds comment, modifies throughout)

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/fA5fCW2Wuww/update-5-oil-prices-steady-opec-cuts-countered-by-slow-progress-in-trade-talks-idUSL3N20603O