Reuters | US oil hits November low as fresh glut fears overshadow OPEC cut talk Reuters The market has declined despite indications on Tuesday that OPEC members increasingly favour extended production cuts but want the backing of non-OPEC oil producers, such as Russia, which have yet to deliver fully on existing reductions. "OPEC is ... Oil ends lower as April contracts expire ahead of US crude-supply data Futures suggest a higher open on Wall Street as oil prices rebound Oil Prices Fall As Markets Lose Faith In OPEC Output Cut Extension |