Reuters | Brent hits 4-year high, shrugging of US stockpile jump and Saudi output hike CNBC Oil prices have been climbing as buyers have already started steering clear of Iran before the implementation of U.S. sanctions starting Nov. 4. The fall in Iranian exports is reducing the impact of a June agreement between the Organization of the ... Exclusive: Saudi Arabia, Russia agreed in Sept to lift oil output, told US Saudi Arabia and Russia Struck Secret Deal to Boost Oil Output, Told US Saudi oil output reaches record highs, but oil prices remain close to four-year peak |