Crude oil had its third weekly loss in a month as OPEC and its allies prepared to meet for a review of their production cuts, while swelling U.S. stockpiles indicated the measures aren’t working yet. Futures slipped 1.7 percent this week in New York. U.S. crude output continued to expand along with inventories last week, data from the government showed on Wednesday. While OPEC won’t formally decide until May whether to prolong a production-cut deal aimed at easing a global glut, officials will meet this weekend in Kuwait to discuss its progress. Chapters captions settings, opens captions settings dialog captions off, selected This is a modal window. Analyst Sen Sees Oil Above $60 If OPEC Extends Deal Source: Bloomberg Oil this week slid below $48 a barrel, the lowest prices since November, as the U.S. supply glut and increased drilling activity continued to counter output cuts by the Organization […]