Reuters | Oil prices stable on planned OPEC cut, but current glut still weighs Reuters SINGAPORE Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption. International benchmark ... Don't bet on Russia capping oil output An OPEC Output Cut Not Likely to Alter Oil Imbalance Oil Bulls Rewarded as Crude Surges After OPEC Output Accord |