Wall Street Journal | Oil Prices Drop on Production-Freeze Pessimism Wall Street Journal Oil prices fell on Wednesday as profit-taking and pessimism over whether major crude producers can agree to a production freeze brought the price down from its highs on Tuesday. Global crude benchmark Brent was down 1.19% at $44.16 a barrel at 0857 ... Saudi oil minister rules out crude output cut: Report Why the oil price could jump to $60 - or 'collapse' again Oil price optimism grows as Brent climbs to 2016 high |