Brent crude fell on speculation that OPEC won’t take any action to bolster prices before a meeting scheduled for Nov. 27 in Vienna. West Texas Intermediate futures were little changed. Futures dropped 0.9 percent in London . Saudi Arabia and Kuwait have signaled the decline in prices doesn’t warrant immediate production cuts. Iran ’s President Hassan Rouhani instructed the oil ministry to use diplomacy to halt the slide, state-run Mehr news agency reported yesterday. “The harsh reality remains, we’re producing anywhere from 1.5 to 2 million barrels a day more oil than there’s demand for,” Tom Finlon, Jupiter, Florida-based director of Energy Analytics Group LLC, said by phone. “The statements from Saudi Arabia and Kuwait make it clear that they aren’t doing anything until the meeting, which is more than a month away.” Brent for December settlement declined 76 cents to end the session at $85.40 a barrel on […]