MarketWatch | Oil prices rise, aided by optimism over global supply declines MarketWatch Oil futures climbed on Friday as signs of the market tightening after major oil producers agreed to cut output helped set prices up for a modest gain on the week. On the New York Mercantile Exchange, February West Texas Intermediate crude CLG7, +2.88% ... Oil price rises two percent ahead of producers' compliance meeting Oil Gains as U.S. Supplies Decline at U.S. Hub, Rise Elsewhere News on oil supplies called 'bullish, really bullish' |