Reuters | Crude oil prices fall as major producers hint at output hike Reuters Russia said on Wednesday it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels collapsed and Saudi Arabia threatened to flood markets with more crude. Energy Minister Alexander Novak said Russia ... Oil makes big gains on stronger market outlook US oil surges 3.77 pct, posts highest close this year Oil Rallies as Distillate Stockpiles Shrink |