MTECHTIPS- U.S. oil prices moved higher on Wednesday, hovering close to a three-week peak as traders were still hoping OPEC will be able to hammer out a production freeze deal before the end of the month. U.S. crude futures for January delivery were up 0.48% at $48.26 a barrel, just off Tuesday’s three-week high of $49.20. On the ICE Futures Exchange in London, the January Brent contract gained 0.43% to trade at $49.33 a barrel, after hitting a three-week peak of $49.96 on Tuesday. Crude prices found support amid hopes for an upcoming global production freeze deal, although gains were limited after Reuters reported on Tuesday that Iran, Iraq and Indonesia have doubts about OPEC’s proposed output cut. OPEC is to meet on November 30 to decide on strategy for the first half of next year. OPEC reached an agreement to cap output to a range of 32.5 million to 33.0 million barrels per day in talks held in Algeria in late September. However, OPEC said it won’t finalize details on individual output quotas until its next official meeting in Vienna on November 30.