![]() The Money Times | Oil Rebounds After Report Saudi Arabia Won't Oppose OPEC Meet Bloomberg - By Trisha Huang. Oct. 6 (Bloomberg) -- Oil rebounded in New York after trading below $60 a barrel earlier in the day on a report in al-Hayat newspaper that said Saudi Arabia won't oppose an emergency OPEC meeting and may agree to output cuts. US pleads with Opec to think again on cutting oil output Oil holds at $60 on OPEC output cut plan |