The Globe and Mail | Crude rises 6% above $32 on hopes of supply deal CNBC Oil prices rose more than 6 percent on Tuesday, sending both Brent and U.S. crude above $32 a barrel, on hopes OPEC and non-OPEC producers were inching closer to a deal to reduce output in the face of one of the biggest supply gluts in decades. Oil surges on hopes for output cuts to trim glut Oil jumps 5 percent on hints of deal to cut rising supply glut Key Opec Members Defend Oil Output Strategy |