CNBC | Oil jumps 5 percent in Asia as OPEC and non-members strike deal CNBC Crude oil prices jumped at the Asian open on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and non-member producers agreed on a deal at the weekend to cut output to ease a global supply glut. Benchmark U.S. West Texas ... Crude oil is exploding OPEC's Oil Production Cuts Pressure U.S. Shale Saudi Minister Jolts Oil Market in Whatever It Takes Moment |