Chron.com | Oil extends surge as OPEC signals deal, supply threats mount Chron.com Oil closed at its highest in more than two years for a second day as support grew for OPEC to prolong output cuts, while supply threats abounded. Futures jumped 2 percent in New York, closing above $55 a barrel for the first time since July 2015. Is $60 The New Floor For Oil Prices? Oil near 2-year high; growing global demand supports market Sentiment Follows Price - Funny How More People Become Bullish On Oil AFTER It Goes Up |