Price recovery has already taken far too long: OPEC’s Barkindo Non-OPEC nations end talks without commitments, Brazil says Oil traded near the lowest level in a month in New York after weekend talks between OPEC and other major producers failed to yield concrete details on an accord to reduce the global crude surplus. Futures were little changed after sliding 2.1 percent at the end of last week. The Organization of Petroleum Exporting Countries ended talks with non-members such as Russia and Brazil on Saturday without a joint commitment to cut production, Brazil’s Oil and Gas Secretary Marcio Felix said. The previous day, OPEC still hadn’t resolved how to implement an output cut announced in Algiers last month, according to delegates who took part. Oil has fluctuated near $50 a barrel amid uncertainty over whether OPEC can implement the first supply cuts in eight years at its official November meeting. […]