Oil extends gains above $52 on tighter U.S. fuel stocks
By Alex Lawler LONDON (Reuters) - Oil climbed further above $52 a barrel on Friday, supported by a drop in U.S. fuel inventories, though gains were kept in check by ample crude supplies even as OPEC plans to cut output. Brent crude reached a 2016 high near $54 on Monday, underpinned by OPEC's Sept. 28 deal to reduce oil production, before weakening on rising U.S. crude stocks and as the Organization of the Petroleum Exporting Countries' own numbers showed output is still rising. U.S. crude gaine
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