Reuters | Oil down but off lows as Kuwait strike offsets failed output freeze Reuters Brent tumbled as much as 7 percent earlier on Monday after oil majors from the Organization of the Petroleum Exporting Countries and non-OPEC Russia failed to reach agreement on a plan to freeze output at a meeting in Doha, Qatar. "The material loss in ... Oil pares some Doha-related losses; energy stocks sell off Oil prices steady after Kuwaiti workers' strike Kuwait workers strike helps prevent an oil-price collapse |