Wall Street Journal | Oil Surges as More Producers Join Output Cuts Wall Street Journal Oil prices surged Monday after more oil-producing nations agreed to slash production, a move aimed at pushing the oversupplied oil market into balance, or even a deficit, to prop up a crude market that had been stuck in a two-year slump. U.S. crude ... Oil Prices Surge As More Countries Sign On To Production Cuts US crude posts best settle since July 2015 on oil producer output cuts Oil hits highest since mid-2015 on non-OPEC cut agreement |