Oil regains some ground after steep slides, but outlook cloudy

By Henning Gloystein SINGAPORE (Reuters) - Oil prices recovered slightly on Wednesday from steep slides the previous day, but traders said markets remained under pressure from signs that planned OPEC output cuts were being poorly implemented and as supplies from elsewhere rose. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $50.98 a barrel at 0028 GMT, 16 cents above their last settlement, but 6.25 percent below the start of the year. Prices for Brent crude futures , the in