Wall Street Journal | Oil Climbs on Hopes for OPEC Cut Extension Wall Street Journal LONDON—Oil prices ticked up Friday morning after a week of losses, boosted by fresh signs that Saudi Arabia plans to back an extension of OPEC's deal to curb global production. Brent crude oil, the global benchmark, was up 0.67%, at $61.77 a barrel in ... Oil Pares Weekly Decline as Saudis Look to Dispel Russia Doubts Why Saudi Arabia Should Fear U.S. Oil Dominance | OilPrice.com |