Oil is poised for a second weekly advance before major suppliers meet in Doha to discuss an output freeze as the International Energy Agency sees a global glut almost vanishing later in the year. Futures slipped in New York, paring their gain for the week to 3.4 percent. There is a “positive feeling” among producers that an agreement may be reached at the meeting April 17 to restore stability, according to Qatar. Global oil markets will “ move close to balance ” in the second half of the year as lower prices take their toll on output outside OPEC, the IEA said in a report on Thursday. “The market is gradually responding to the fact that prices have been lower for longer than expected and higher cost producers have had to come out of the market,” Neil Atkinson, head of the oil industry and markets division at the International […]