Oil prices held gains Thursday amid uncertainty about the Organization of the Petroleum Exporting Countries’ proposal to cut crude output. OPEC’s surprise proposal prompted the largest daily gains in crude prices since April on Wednesday, but the rally ran out of steam as investors asked whether the cartel’s members would stand by an agreement and raised questions over how much sway the cartel now has over a market still brimming...

Source: Wall Street Journal September 29, 2016 02:20 UTC