CNBC | Oil firms on supply cut talk; still set for sixth weekly loss CNBC Oil rose on Friday on hopes that supply cuts will be agreed at OPEC's meeting on Dec. 6, but failed to recoup recent losses on oversupply concerns that have shaved more than a fifth off the Brent crude benchmark since early October. Brent was up 85 ... Oil falls back – and won't bounce far Russia Isn't Interested In Joining New OPEC-led Oil Output Cuts Putin comfortable with oil price staying close to $70 |