Oil fell, with a post-OPEC+ meeting rally fizzling out, as traders weighed the group’s output cut as well as further lockdowns in China. Global benchmark Brent slid below $94 a barrel after ending almost 3% higher on Monday as the Organization of Petroleum Exporting Countries and allies including Russia agreed to shave a modest 100,000 barrels a day off production. Though Saudi Arabia said after the decision that the group was willing to take additional action to support the oil market if that were needed, crude is hovering close to the lower end of its recent trading range. Virus-related lockdowns in China are also spreading, re-igniting fears of a global slowdown that have weighed on oil prices in recent months despite efforts by G-7 nations […]