CNBC | Oil steadies near 2016 high on production outlook CNBC Oil steadied around its 2016 high on Friday, supported by expectations of a production freeze by major exporters and dollar weakness that have pushed prices towards a fourth straight weekly gain. Brent crude's front-month contract touched $41.71 a ... Oil Slips From 2016 High as Investors Book Profits Oil prices hit 2016 high on output-freeze hopes The U.S. Is Exporting Its Oil Everywhere |