CNBC | Oil rebounds above $50 on surprise 553000 barrel fall in US crude stockpiles CNBC Oil prices were also depressed by producers' verbal jockeying over planned output cuts by the Organization of the Petroleum Exporting Countries. Iraq does not want to join in with a proposed production cut that the group has said it will approve at a ... Oil under $50, Brent near month-low before US inventory data Oil price slumps to $50 on stocks build and Opec doubts Oil buckles as investors doubt OPEC can seal output deal |