CNBC | Oil futures give up gains after report OPEC and allies considering hiking supply CNBC Oil prices pared gains on Friday following a report that OPEC and other large crude exporters are considering another output hike. OPEC and non-OPEC countries are discussing the possibility of raising output by 500,000 barrels per day to counter ... Crude oil futures stable ahead of OPEC meeting in Algiers Oil Set For Weekly Rise as Iranian Sanctions Crunches Supply US 'Likely' Returns as World's Top Oil Producer |