Chron.com | Oil gains as OPEC said to work on exit plan along with extended output cuts Chron.com Oil rose above $52 a barrel as OPEC was said to be working on an exit strategy alongside discussions on extending production cuts to the end of next year. Futures gained 0.7 percent in New York after advancing a second session Monday. OPEC was said to ... Oil Nears $52 With Record OPEC Deal Compliance Nigeria oil minister says prices encouraging, opec not ruling out more cuts |