Brent crude fell below $114 a barrel on Tuesday on expectations OPEC may raise its production target this week and lingering concerns that a weak economic outlook will dent demand.
Top oil exporter Saudi Arabia and other Gulf producers, including Kuwait and the United Arab Emirates, favour a hike in output on concerns that high oil prices are limiting economic growth.
But delegates gathering in Vienna for the OPEC meeting on Wednesday say a deal to do anything more than just close the gap between OPEC's out-of-date official production target and actual supplies could prove difficult.
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