Reuters | Oil remains near five-week high on expectation of producer action Reuters "Crude oil rose to a four-week high as speculation continued to mount that OPEC would discuss a potential cap on production at an upcoming meeting between the members of the group. Russia joined in, saying it was open to such talks as well," ANZ bank ... Saudi Arabia may be ready to budge on its punishing 2-year oil price policy Oil Trades Near $46 a Barrel as Nigeria Sees OPEC Cuts Unlikely Oil prices are on fire -- up 10% in just 3 days |