Wall Street Journal | OPEC Reaches Deal to Cut Oil Production Wall Street Journal VIENNA—OPEC representatives reached a deal to cut oil production after months of wrangling Wednesday, according to people familiar with the matter, in an effort to lift sagging prices and reassert the cartel's influence over a market increasingly ... Oil prices surge worldwide as OPEC hashes out a deal to cut production The OPEC deal is done. Here's what to expect from oil markets next OPEC agrees to oil production cuts |