Forbes | Why OPEC Cut Should Mean Higher Oil, Higher Stock Market Forbes Oil popped more than $3 from the lows of the day (as much as 7%) on news OPEC has agreed to a production cut. We've talked a lot throughout the year about the price of oil. When it collapsed to the $20s, it put the entire energy industry on bankruptcy ... Oil jumps after report OPEC reaches deal to limit crude output in November Oil Prices Soar on Tentative OPEC Deal to Cut Production Oil rallies after Opec ministers announce output cut |