Fortune | Here's Why Oil Prices Fell Again Wednesday Fortune Saudi Oil Minister Ali al-Naimi said production cuts would not happen although more countries would join a deal to freeze output. OPEC and non-OPEC producers who support the idea are planning a mid-March meeting, his Venezuelan counterpart said. Why shale could help to rebalance oil market Crude oil drops nearly 4%, battered by the no-production-cut blues Oil below $33 on Saudi comments, report of US inventory rise |