CNBC | US crude settles up 2.2% at $50.84, rallying after dip on OPEC deal doubt CNBC Oil rebounded from the week's lows to close above $50 a barrel on Thursday as market watchers focused on an upcoming weekend meeting between OPEC and non-OPEC producers that may result in an agreement to cut crude output further. Brent and U.S. ... Oil rises above $50 on renewed hopes for output cuts Oil Recovers but Doubts About OPEC Production Cuts Remain Oil climbs as traders brace for OPEC's meeting with other producers |