Wall Street Journal | Oil Soars on Optimism Over OPEC Deal Wall Street Journal Crude futures broke above $50 a barrel Wednesday on growing optimism that OPEC would be able to deliver a production-cut deal later in the day. Prices surged after Iran's oil minister, Bijan Zanganeh, said in Vienna that he believed Organization of the ... Oil is going nuts on renewed hopes for an OPEC deal OPEC leaders to decide on oil production cut FTSE 100 rises and oil breaks $49 a-barrel as Opec begins debate on output cuts |