Wall Street Journal | Trimming Oil Output Won't Keep OPEC States Afloat Wall Street Journal Since late last month, when the Organization of the Petroleum Exporting Countries agreed to cut oil production for the first time in eight years, the market chatter has revolved around the bloc's credibility. The final details of the reduction must ... Oil edges up as analysts say market could be closer to balance than expect... US oil settles at $49.94 a barrel, down 41 cents, or 0.81% Crude Oil Price Forecast: Positioning & Volatility Favors Bulls |