Wall Street Journal | Oil Surges on OPEC Deal to Cut Production Wall Street Journal VIENNA—OPEC representatives reached a landmark deal to reduce oil output, propelling crude prices more than 8% after months of wrangling and market uncertainty about the ability of the once-mighty group to strike an agreement. The Organization of the ... Brent crude oil prices surge to nearly $52 per barrel after OPEC agrees ou... Oil price surges as Opec agrees first production cut since 2008 Oil back above $50 as Opec agrees supply cut |