Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014. Brent crude futures LCOc1 fell $2.35, or 3 percent, to settle at $76.44 a barrel. The global benchmark lost about 2.7 percent this week, its largest weekly drop since early April. The contract hit its highest since late 2014 at $80.50 last week. U.S. West Texas Intermediate (WTI) crude CLc1 slumped $2.83, or 4 percent, to finish at $67.88 a barrel. For the week, WTI tumbled about 4.9 percent, its biggest loss since early February, a sharp course reversal after six weeks of gains. The discount of WTI to Brent WTCLc1-LCOc1 hit $8.60 per barrel, its widest since May 17, and not far off levels last seen three years ago. The energy ministers of Russia […]