Reuters | Oil prices fall on renewed doubts on OPEC-led production cut Reuters International Brent crude oil futures slipped 8 cents to $49.04 a barrel at 0548 GMT after climbing to $49.42 a barrel earlier in Wednesday's session on optimism OPEC would agree to an output cut. Reuters commodities analyst Wang Tao said that Brent ... Oil marks first fall in 3 sessions as OPEC output talks reportedly hit snag US crude settles down 21 cents at $48.03, gives up early gains on OPEC output cut worry Is OPEC Playing The Oil Markets Again? |