Sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain. OPEC… U.S. oil prices extended their losing streak to three weeks, falling to an eight-week low amid a stubborn crude glut and lowered expectations for a production cut by the Organization of the Petroleum Exporting Countries. Light, sweet crude for December delivery settled down $1.25, or 2.8%, at $43.41 a barrel on the New York Mercantile Exchange. It was the largest losses of the week, pushing oil to its biggest losses over three weeks since January. Brent, the global benchmark, fell $1.09, or 2.4%, to $44.75 a barrel on ICE Futures Europe. Brent lost 83 cents, or 1.8% for the week, its fourth losing week in a row. It is Brent’s largest decline over four seeks since July and the largest losing streak since August 2015. On Thursday the International Energy Agency reported that OPEC […]