CNBC | Stocks higher as oil bounces; Air France up 12% CNBC A rise in the price of Brent crude and West Texas Intermediary (WTI) oil futures had also given markets a short boost. The oil price rose after Iran said that it supports a production "ceiling" to stabilize prices, although it did not make a commitment ... Iran sees oil freeze pact as not enough to help market: Iranian sources Oil prices jump though Iraq non-committal United Arab Emirates backs oil producers' output freeze plan |