Oil prices slid Monday on concerns about rising crude inventories, while diesel prices jumped as cold weather in the Northeast boosted demand. Light, sweet crude for April delivery settled down $1.36, or 2.7%, to $49.45 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, fell $1.32, or 2.2%, to $58.90 a barrel on ICE Futures Europe. A rally in crude-oil prices halted last week after U.S. data showed that domestic crude inventories are at their highest in about 80 years. “Troubles continue to grow for the U.S. crude market,” Morgan Stanley said in a weekly report, adding that U.S. data on supply and drilling are “likely to appear ominous” in the coming weeks. Prices briefly spiked Monday afternoon on a Financial Times report that the president of the Organization of the Petroleum Exporting Countries could call an emergency meeting of the cartel if oil prices […]