OIL...

Oil falls after Saudi comments ease worries over OPEC outputLONDON (AFX) - Oil fell after Saudi Arabia's oil minister said OPEC could keep its output levels unchanged at its March meeting if current market conditions remain as they are.At 10.04 am, front-month Brent North Sea crude contracts for March delivery were down 89 cents at 58.12 usd a barrel. On Friday, the contracts hit a month high of 59.63 usd.Meanwhile, front-month New York light sweet crude contracts for March delivery were down 86 cents to 59.03 usd a barrel, after hitting a month high of 60.80 usd Friday.