* Saudi Arabia sticks to guns, sees ** need to curb output * Venezuela continues to push for OPEC cuts, mulls Q1 OPEC meeting * U.S. gasoline, crude stocks surge, indicating weak demand * Brent falls below $65 a barrel, lowest since July 2009 (Recasts and updates with settlement; adds Venezuela's push for OPEC action despite Saudi stance, paras 5-7) By Barani Krishnan NEW YORK, Dec 10 (Reuters) - Oil prices tumbled as much as 5 percent on Wednesday, pushing U.S. crude to five-year lows near $60 a barrel after data showed a spike in U.S. ...
12-11-2014, 05:36 AM
Oil crashes 5 pct, nears $60 on weak U.S. demand, Saudi inaction
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