Oil erased earlier losses amid volatility in the US dollar and a focus on whether producer group OPEC+ might curb output following a price rout. West Texas Intermediate, which had been down as much as 2.5% earlier, traded higher in New York. Oil futures markets have been volatile for months amid lackluster liquidity. Prices have now plunged almost 40% from their peak earlier this year, hitting revenues of petrostates, some of which form the Organization of Petroleum Exporting Countries. Russia is having to discount its barrels because of Western sanctions, and is pushing OPEC and its allies to cut their collective ... (full story)