The oil market is “pretty pessimistic” about OPEC reaching a deal to cut production, BP Plc Chief Executive Officer Bob Dudley said. Oil prices will probably stay around current levels if the Organization of Petroleum Exporting Countries fails to implement the deal it reached in Algiers in September to limit output, Dudley said in an interview on Bloomberg Television from Riyadh. The producer group is meeting in Vienna on Nov. 30. “People are pretty pessimistic right now about a potential agreement, you see that in the price,” Dudley said. If the talks fail, prices “will stay around the level we’re at.” Benchmark Brent crude rallied to nearly $54 a barrel in early October after the OPEC deal in Algiers, which ended a two-year policy of pumping without limits. Prices have since slumped to $45 as doubts spread about the implementation of the agreement. “These are low levels for countries […]