Oil prices hit 2018 low, even as OPEC plans to cut output
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LONDON (Reuters) - Oil prices fell on Friday to their lowest this year, on course for their biggest one-month decline since late 2014 when OPEC opted to pump as much crude as it could to gain market share and sent prices on a near-unbroken two-year slide.Global supply, led by the United States, is growing more quickly than demand and to ward off a build-up of unused fuel such as the one that emerged in 2015, the Organisation of the Petroleum Exporting Countries (OPEC) is expected to start..