MarketWatch | Oil ends lower as output cuts fail to ease worry about rising US production MarketWatch Oil prices had gained traction over the weekend after Saudi energy minister, Khalid al-Falih, voiced confidence that a major international deal to cut crude output was draining the market of excess supply. Al-Falih said members of OPEC and non-OPEC ... Oil lower amid US drilling recovery Oil market may balance this quarter: UBS report Oil slips as U.S. drilling recovery offsets OPEC-led cuts |