Reuters | Oil falls on China concerns, down 3 percent for the week on OPEC doubts Reuters NEW YORK Oil prices fell on Friday and ended the week 3 percent lower on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the economic health of the world's second-largest oil consumer, China, after it reported ... US crude settles at $52.37, posts first weekly loss in five weeks on OPEC output cut concern Oil futures lose 3% for the week on doubts over OPEC output deal Oil's month-long rally falters as output cut proof awaited |