Brent crude futures were at $45.Oil prices have fallen about 20 wheel bearing repair kits Manufacturers percent this year despite an effort led by the Organization of the Petroleum Exporting Countries (OPEC) to cut production by 1.Thanks largely to shale drillers, U.31 per barrel up 9 cents or 0.31 per barrel at 0222 GMT, up 9 cents, or 0.Brent crude futures were at $45.84 per barrel. Oil recovered slightly from steep falls.2 per cent from their last close.2 percent, at $42.S. West Texas Intermediate (WTI) crude futures were up 10 cents, or 0.

"Markets remain sceptical of OPEC's ability to balance supplies," ANZ bank said on Friday. Oil edged up on Friday, recovering slightly from steep falls earlier in the week, but is set for the worst performing first-half in two decades despite ongoing production cuts..2 percent, from their last close.8 million barrels per day (bpd) that has been in place since January.At the heart of the glut is that rising production levels from the traditional suppliers of OPEC and Russia have been met by soaring output from the United States.35 million bpd, close to levels of top exporter Saudi Arabia.The weak markets are a result of doubts over OPEC's ability to rein in a fuel supply overhang that has dogged markets since 2014 as production has largely outpaced consumption.U.S.That's the worst first-half performance for crude oil since 1997, when rising output and the Asian financial crisis led to sharp price falls.

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