Markets November 30, 2016 Oil prices surge on optimism over OPEC deal Posted By: Admin deal, OPEC, optimism, over, prices, surge Saudi oil minister: Oil supply cut on track Is OPEC finally about to reach a deal? The price of crude oil jumped 8% Wednesday to $ 48.90 per barrel on optimism that major oil producers were closing in on a deal to cut production at a meeting in Vienna. Let’s block ads! (Why?) Latest stock market news from Wall Street – CNNMoney.com