Oil falls amid stock market slide, but market eyes OPEC meeting::(WWW.COMMODITYBAZAAR.CO)

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October.

International Brent crude oil futures (LCOc1) were at $61.04 per barrel at 0531 GMT, down 52 cents, or 0.8 percent from their last close.

 

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