Oil May Rise on OPEC Output Cut as Cold Weather Reduces Supply

Bloomberg.com: U.S.:

"Oil may rise next week as members of the Organization of Petroleum Exporting Countries cut production and cold weather spurs fuel demand in the northern U.S.

Twenty-six of 46 analysts, traders and brokers, or 57 percent, said prices will increase, according to a Bloomberg News survey. Six forecast a decline and 14 predicted little change. The percentage of people predicting a gain was the highest since July. Last week, 43 percent said oil would fall."