CNBC | Oil edges up as multi-year lows trigger buying CNBC Oil prices edged higher on Tuesday as a slump to near 11-year lows in the previous session triggered investors' buying appetite. Brent crude, the global benchmark, traded up 60 cents at $38.52 a barrel at 1117 GMT, after touching an intra-day high of ... OPEC to hold emergency meeting if oil prices fail to recover The Oil-Price Plunge India seeks reasonable, responsible oil pricing from OPEC |