Brent crude , the global benchmark oil, traded near a 27-month low as traders wait for signs of how OPEC will respond to a price slump. West Texas Intermediate was steady. Futures slid as much as 0.6 percent in London and has slumped almost 20 percent from their 2014 high point. cut its to all destinations last week, prompting speculation the world’s biggest exporter won’t lead supply cuts by the Organization of Petroleum Exporting Countries. The dollar traded near its highest in two years against the euro, curbing the appeal of commodities for protecting against inflation. “The focus will likely be on OPEC and any indication on how it will respond,” Jens Naervig Pedersen, a commodities analyst at Danske Bank A/S, said by e-mail from Copenhagen today. “The rising dollar has contributed to the recent slump.” Brent for November settlement fell as much as 53 cents to $91.78 a […]