Reuters | Oil prices flat in choppy trade, rising US production weighs Reuters U.S. crude futures were up 6 cents at $50.50 a barrel. OPEC members Saudi Arabia and Kuwait signaled that the Organization of the Petroleum Exporting Countries and other producers, including Russia, would likely extend their oil output cut beyond June. Oil is making a comeback following chatter OPEC could extend its production cut Oil could be a big factor Thursday after slump Crude Oil Is A Tough Sell |