Reuters | Oil retreats, set to become first quarter's worst-performing asset Reuters Oil prices had gained momentum this week on a growing sense that OPEC and nonmember Russia would extend their production cut, seeking to drive the market higher. "There's resistance at $52 to $53 a barrel," said Tony Headrick, energy market analyst ... Oil Down After 3-Day Rally, But Support Seen Above $50 Oil retreats, set to become worst-performing asset in first quarter |