Wall Street Journal | An OPEC Production Freeze Could See Oil Prices Rise To $60 OilPrice.com Russian President Vladimir Putin is keen to reach an agreement with OPEC to freeze oil production in hopes of prices regaining strength. With the U.S. shale boom supplying most of North America, OPEC has increased production to maintain their market ... Oil Prices Waver on Weaker Dollar, OPEC Uncertainty The Russia-Saudi oil cooperation is actually a sign of 'extreme economic duress' US oil settles at $44.83 a barrel, up 39 cents, or 0.9 pct |