Oil prices were below $50 per barrel on Thursday on doubts OPEC will be able to bring together its members and Russia to organize a coordinated crude production cut. International Brent crude oil futures LCOc1 made a push above $50 per barrel early on Thursday, but had dipped back to $49.91 by 0034 GMT, 7 cents below their last closing price. WTI futures were trading at $49.17 per barrel, down 1 cent from their previous settlement. Traders said Brent was struggling to break above $50 over doubts that the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers like Russia will be able to effectively coordinate curbs in output to prop up prices. “Investors remain uncertain as to whether OPEC can implement the tentative agreement to cut production,” ANZ bank said on Thursday. A cut is being pushed by Saudi Arabia, OPEC’s biggest producer, and it is being […]