Telegraph.co.uk | FTSE 100 turns negative and oil slides as Opec fails to reach output deal Telegraph.co.uk Ahead of the press conference, Kuwait oil minister tells reporters that Opec had a positive meeting. 2:10PM. Brent retreats as Opec meeting ends. Brent crude fell 0.7% to $49.38 a-barrel after it was reported that no output ceiling was reached at today ... OPEC's future hangs in the balance as fractures reappear in oil cartel ECB president Draghi: We want Britain to stay in EU – live updates European stocks hold gains as ECB holds rates; OPEC in focus |