Globalnews.ca | OPEC oil cut: What Canadians need to know Globalnews.ca Oil prices headed toward the $50-per-barrel mark Friday, buoyed by a surprise agreement earlier this week from the Organization of the Petroleum Exporting Countries to cut oil outputs. But the announcement from the world's largest oil cartel will have ... OPEC Just Tried to Flex Its Muscles Like It Was 1973. It Failed. Don't let the OPEC news fool you – TSX oil stocks are not yet buys Varcoe: After two years of oil trouble, OPEC strikes deal — but don't bet on lasting truce |