CNBC | Market Rises as Fuel Prices Pick Up New York Times Crude fell 4 percent on Tuesday after Saudi Arabia's oil minister, Ali al-Naimi, told a meeting of energy leaders in Houston that production cuts aimed at supporting falling crude prices wouldn't work. He said that the market should instead let some ... Stocks close higher in massive intraday reversal as oil steadies Oil rebound buoys Wall St; bonds, gold erase gains Stocks Recover as Oil Prices Turn Higher |