Reuters | Oil set for first weekly gain in five on OPEC deal optimism Reuters OPEC member countries have proposed Iran cap its oil output at 3.92 million barrels per day (bpd) under a production-limiting deal for the whole group, a source familiar with the proposal has told Reuters. While Iran has not yet responded to the ... Oil Prices Tick Lower; Market Edgy Ahead of OPEC Meeting Oil stumbles on dollar strength, lack of faith in OPEC output deal US crude loses steam after rising on OPEC deal hope, settles down |