Reuters: Oil falls over $1 after OPEC defers cut

[chris]

Oil falls over $1 after OPEC defers cut
      

SINGAPORE (Reuters) - Oil fell more than a dollar on Monday, toward $53 a barrel, after producer cartel OPEC decided to delay a decision on a third supply cut to its next meeting later in December as economic woes cripple oil demand.<div class="feedflare">
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