Oil down 2 percent; U.S. stockpiles offset output freeze talk

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell more than 2 percent on Thursday, heading for their sharpest weekly loss since January, as investors brushed aside talk that OPEC might freeze production and focussed on a growing glut from U.S. crude stockpiles. Energy monitoring service Genscape's report of a 714,282-barrel drawdown at the Cushing, Oklahoma, delivery point for U.S. crude futures during the week ended on Aug. 30 did little to bolster sentiment, traders said. Investors focus