Oil prices static on uncertainty over planned production cut

By Ahmad Ghaddar LONDON (Reuters) - Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity during the U.S. Thanksgiving holiday kept traders from making big new bets. U.S. West Texas Intermediate (WTI) crude was down 2 cents at $47.94 per barrel. Traders said market activity was low due to the U.S. holiday, and there was a reluctance to take on big price bets due to uncertainty about a planned oil production cut, led by the O