Oil futures were little changed on Thursday, supported by expectations that OPEC will deepen output curbs but pressured by the prospect that gas condensate will be excluded from cuts for non-member producers. Brent crude LCOc1 futures gained 7 cents to $63.07 a barrel by 12:51 p.m. EST (1751 GMT). West Texas Intermediate (WTI) crude CLc1 futures lost 20 cents to $58.23 a barrel after hitting the highest since late September during the session. A ministerial panel of key members of the Organization of the Petroleum Exporting Countries and allied producers led by Russia recommended deepening output cuts by 500,000 barrels per day (bpd) in the first quarter of 2020, according to Russian Energy Minister Alexander Novak. The producer group known as OPEC+, currently has an output reduction level of […]