MarketWatch | Oil prices rise moderately on hopes for more cuts from OPEC MarketWatch Crude futures made moderate gains on Friday as larger-than-expected growth in U.S. crude stocks and production was overshadowed by news that the Organization of the Petroleum Exporting Countries could consider extending its production cuts for more ... Oil firms as OPEC floats extended output cut; markets still bloated US crude settles at $53.36, up 25 cents, as OPEC signals possible output deal extension Frenzied Betting, Sleeping Market: Something Must Give in Oil |