Wall Street Journal | Oil Prices Rise on Weaker Dollar, Positioning Ahead of OPEC Meeting Wall Street Journal NEW YORK—Oil prices surged Thursday on a weaker dollar and speculation that the Organization of the Petroleum Exporting Countries might decide at its Friday meeting to curb production. Light, sweet crude for January delivery recently rose $1.42, or 3 ... The OPEC countries hit hardest by low oil prices Saudi Arabia throws down challenge on oil production cuts Oil up two percent on report of Saudi OPEC proposal, weaker dollar |