ABC Online | US markets post solid gains on rising oil price ABC Online Oil rose more than 4 per cent as Iran said it was "highly probable" that OPEC will agree to a production cut when the oil producers group meets next week in Vienna. Iraq also said it will back the plans. But market strategist at Prudential Financial ... Stocks reach new record highs as oil prices jump US stock indexes bust records as oil prices jump U.S. Stocks Hit Highs as Oil Jumps; Yen Rises on Tsunami Warning |