Reuters | Oil buckles as investors cast doubt on an OPEC output deal Reuters With Iran, Nigeria and Libya already expected to be excluded, along with potentially Venezuela and Indonesia, whose state oil producer said on Tuesday it was targeting a 42-percent increase in output next year, traders and investors are growing less ... US crude settles down 1.1% at $49.96, pressured by OPEC squabbling Oil is falling on fears that OPEC's production cut deal is dead Oil Prices Slide on OPEC Questions |