Wall Street Journal | Oil Prices Continue OPEC Rally Wall Street Journal Oil prices edged up Monday, building on last week's sharp rally brought on by an OPEC deal to cut production. Brent crude, the global oil benchmark, rose 1.14% to $55.08 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, ... Oil tops $55 for first time in 16 months as OPEC deal fuels buying Oil prices soar to best level in more than a year as OPEC-led bounce resumes Oil Market Turns Upside Down as U.S. Shale Hedges Post-OPEC |