Wall Street Journal | Oil Prices Rise as Hopes Grow for an OPEC Output Cut Wall Street Journal Oil prices rose Friday as hopes grew that major oil producers would be able to strike a deal to cut output and stabilize prices. Oil markets have been in a tug of war this week amid a flurry of diplomacy among major producers trying to implement ... US crude settles up 27 cents at $45.69, scores first weekly gain in four weeks Oil gains five percent on the week on OPEC hopes Oil settles higher, marks first weekly gain in a month |