CNBC | US crude rises 46 cents, settling at $70.78, but pares gains after report OPEC may hike output CNBC Oil prices pared gains on Friday, reversing a late morning rally, following a report that OPEC and its allies are considering a coordinated increase in crude production. The 15-nation OPEC cartel and a group of producers led by Russia are discussing a ... Oil Rises in New York as Cushing Drains; Brent Gains Muted Crude oil futures stable ahead of OPEC meeting in Algiers Oil up on supply concerns ahead of OPEC meeting |