Wall Street Journal | Oil Rally Slows Ahead of Meeting of Producer Nations Wall Street Journal Oil prices edged lower on Wednesday as optimism over major oil producers cutting output waned and investors awaited data on the amount of oil in storage. Light, sweet crude for January delivery was recently down 71 cents, or 1.4%, at $50.21 a barrel on ... Oil eases on doubts OPEC output cut will end global glut Oil Extends Slide on U.S. Supply Outlook, OPEC Follow-Up Talks Op-Ed: Oil prices jumped 40% this year—but don't get too excited |