CNBC | Oil struggles to rally as exporters talk up output-cut extensions, showing OPEC is 'out of bullets' CNBC Oil prices rose on Monday after ministers from key oil-producing nations raised expectations they would extend output cuts. The rally failed to hold, raising concerns about OPEC's ability to influence the market. OPEC is "just out of bullets verbally ... Oil rebounds, as OPEC talks up cutting supply into 2018 Opinion: The bullish case for oil in 2017 and beyond OPEC is out of options: How low can oil prices go? |