Reuters | Oil steadies as Kuwait strike offsets scuttled output-freeze plan Reuters Brent tumbled as much as 7 percent earlier on Monday after oil majors from the Organization of the Petroleum Exporting Countries and non-OPEC Russia failed to reach agreement on a plan to freeze output. The producers had gathered in Qatar, Doha at the ... What Doha Couldn't Do for Oil Market, Kuwait Does by Accident Investors brace for volatility with oil expected to whipsaw in wake of botched deal in Doha Kuwait oil output cut in half as workers strike |