Bloomberg | Oil's Slide Accelerates in `Capitulation' to Darkening Outlook Bloomberg Oil chiefs from Venezuela and Oman indicated they may side with the kingdom on the issue of output cuts. Russian Energy Minister Alexander Novak was less supportive, saying Monday in a Bloomberg television interview that “we have to wait and see how ... Oil hit with longest losing streak on record Oil prices rise as Saudi Arabia signals production cut US oil prices continue record skid, headed for the lowest finish of the year |