CNBC | Brent crude breaks $80, its highest since 2014, as oil market tightens CNBC Brent crude breached $80 a barrel on Monday — its highest level since November 2014 — on the back of a tightening oil market and OPEC leaders signaling they won't be immediately boosting output. Oil futures in London jumped 2.7 percent while some ... Refiners may reduce oil imports as crude prices soar, Re struggles India May Cut Oil Imports to Mitigate Pain From High Oil Prices, Dip in Rupee Exclusive: Indian refiners may reduce oil imports as crude prices soar, rupee struggles |