Wall Street Journal | Oil Climbs as More Producers Join Output Cuts Wall Street Journal Crude futures surged by more than 4% in Monday-morning trade in Asia after more oil-producing nations agreed to slash production, a move aimed at pushing the oversupplied oil market into a rebalance, or even a deficit, to prop up oil prices. On the New ... Oil jumps in Asia as OPEC and non-members strike deal OPEC's Oil Production Cuts Pressure U.S. Shale Saudi Minister Jolts Oil Market in Whatever It Takes Moment |