Wall Street Journal | Oil Prices Rise on Hopes of OPEC Production Cut Wall Street Journal LONDON—Oil prices rebounded on Thursday on reports about a possible cut in OPEC production ahead of the organization's meeting on Friday. Traders were reacting to news that Saudi Arabia, the oil cartel's most influential member, will propose ... Saudi Arabia throws down challenge on oil production cuts Oil rises on report of Saudi proposal to balance market next year Barclays slashes oil forecast ahead of OPEC meeting |