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UPDATE 2-Oil prices rise on OPEC output cuts, as U.S. sanctions bite

© Reuters. UPDATE 2-Oil prices rise on OPEC output cuts, as U.S. sanctions bite© Reuters. UPDATE 2-Oil prices rise on OPEC output cuts, as U.S. sanctions bite

* OPEC cuts, U.S. sanctions tighten supply of heavy crude

* Part-closure of Keystone pipeline props up WTI

* But surge in U.S. crude supply to cap prices -Morgan Stanley (Adds Keystone part-closure, updates prices)

By Henning Gloystein

SINGAPORE, Feb 12 (Reuters) – Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions…
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