CNBC | US crude settles at $52.42, up 2% ahead of producers' output cut compliance meeting CNBC Oil prices rose about 2 percent on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal. A weekend meeting in Vienna of members of the Organization of the Petroleum ... Oil prices rise, aided by optimism over global supply declines It's Going to Be a Hot Summer for Oil Prices Oil prices jump two percent ahead of producers' compliance meeting |