CNBC | Oil pares losses on report of likely OPEC output cap deal CNBC Oil prices pared early losses on Wednesday after OPEC sources said the group was likely to consider a new output ceiling at its forthcoming meeting, although many in the market still appeared skeptical about such a deal. Brent crude futures were down ... Opec's 'Fragile Five' despair over $50 oil Oil extends losses as supply data, OPEC summit loom Oil prices can provide a slippery picture |