CNBC | Oil firms on supply cut talk; still set for sixth weekly loss - CNBC.com CNBC Oil rose on Friday on hopes that supply cuts will be agreed at OPEC's December meeting, but failed to recoup recent losses on oversupply concerns. Oil reclaims more ground though the sharp selloff accounts for a 4% weekly loss Oil Regains Ground After Sharp Selloff Oil rises, paring sixth weekly loss on expectation of OPEC curbs |