Bloomberg | Oil Caps Longest Winning Streak Since August Ahead of OPEC Cuts Bloomberg Oil has traded near or above $50 a barrel since the Organization of Petroleum Exporting Countries agreed last month to curb production for the first time in eight years. Iraq, the second-biggest OPEC producer, is fully committed to the accord, Oil ... China could derail OPEC's effort to balance oil markets this year, says analyst Oil rallies in thin trade, adds to year's gains Traders brace for more oil price volatility as sheikhs vs. shale war set to escalate in 2017 |