Wall Street Journal | Oil Prices Fall After Iraq Signals Doubts Over OPEC Cut Wall Street Journal Oil prices tumbled Monday amid doubts over OPEC's proposed output cut, after Iraq signaled it wants to be excluded from the pact. U.S. crude for December delivery recently lost 73 cents, or 1.4%, to $50.12 a barrel on the New York Mercantile Exchange. A chartist explains why oil's breather won't last long—and is targeting $70 Oil Falls to One-Week Low as Iraq Seeks Exemption From OPEC Cuts Oil down as Iraq says no cuts; Wall Street, Cushing draw limit loss |