Reuters | Oil down 3 percent on fading hopes for output deal in Algiers Reuters The energy ministers of Saudi Arabia and Russia were to give a joint briefing later in the day in Algiers where OPEC and other oil producers were holding informal talks on the sidelines of the Sept 26-28 International Energy Forum. Saudi Energy ... Oil slides more than 2% after Iran, Saudis douse hopes for output deal Oil's tumbling as expectations for any OPEC deal begin to sputter Oil Production In US To Soar Again, Says Investment Banker |