Wall Street Journal | Oil Rises to Highest Level Since November on Hopes for Output Freeze Wall Street Journal NEW YORK—Oil prices rose to the highest level of the year Tuesday on increased expectations that major oil producers will agree to freeze output at a meeting coming on Sunday. The global oil market remains oversupplied more than a year and a half ... Why the oil price spike is a risk for markets Weak oil prices spur cut to Saudi Arabia's credit rating Weak Oil Prices Prompt Fitch to Cut Saudi Arabia's Rating |