Oil futures edged lower Friday with volatility expected ahead of a meeting later this month of major oil producing countries aiming to strike a deal to cut output and stabilize prices. Brent crude, the global oil benchmark, fell 0.6% to $46.23 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading down 0.9% at $45.02 a barrel. Members of the Organization of the Petroleum Exporting Countries, which controls over a third of the world’s oil, are scheduled to meet Nov. 30 to try to agree on output quotas, although it is likely to be a challenging task, with some requesting exemptions. The market is particularly sensitive to statements coming out of Doha this week, where ongoing talks between OPEC members on the sidelines of a gas forum were expected to give some indication of progress toward a deal to cut […]