Oil stable on firm U.S. data, but doubts over global output cut linger

By Henning Gloystein SINGAPORE (Reuters) - Oil prices were stable on Thursday, supported by data showing a fall in U.S. crude inventories and by record U.S. car sales, although lingering doubts that producers will deliver on promises to cut output still weighed on markets. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $53.27 per barrel at 0746 GMT, up 1 cent from the last day's settlement, when prices rose 2 percent. WTI prices were supported by an American Petroleum Insti