Wall Street Journal | Oil Nudges Higher as Output Cuts Near Wall Street Journal Oil prices edged up Wednesday as investors anticipate a production cut by major producers will support crude prices and help reduce a global supply glut next year. Traders are waiting to see if major oil producers inside and outside the Organization of ... Oil prices hold near annual peaks, awaiting OPEC cuts Crude oil climbs for fourth day for fresh 2016 high China could derail OPEC's effort to balance oil markets this year, says analyst |