Nigeria signals OPEC production cuts are unlikely: Kachikwu U.S. crude stockpiles seen rising by 900,000 barrels: survey Oil halted below $46 a barrel after the biggest three-day gain since April. Futures slid as much as 0.7 percent in New York after rising 9.7 percent the previous three sessions following comments by Saudi Arabia’s energy minister that it’s prepared to discuss stabilizing the market. Nigerian Petroleum Minister of State Emmanuel Kachikwu signaled that production cuts are unlikely from OPEC, according to a Twitter post. U.S. crude stockpiles probably rose for a fourth week, a Bloomberg survey shows before government data Wednesday. Oil has gained about 15 percent since closing below $40 a barrel and tumbling into a bear market earlier this month. Russia is open to talks to jointly freeze output “if necessary,” according to a newspaper report. A possible deal on capping production between members of the Organization of […]