Oil prices set for weekly drop on doubts OPEC can coordinate output cut

By Henning Gloystein SINGAPORE (Reuters) - Oil prices were steady on Friday, but on track for a weekly loss of more than 2 percent on uncertainty over whether OPEC would be able to coordinate a production cut big enough to curb a global glut that has dogged markets for two years. U.S. West Texas Intermediate (WTI) crude was up 4 cents at $49.76 a barrel. Traders said there was reluctance in the market to move prices too far in either direction given the uncertainty over a output cut by the Organ