CNBC | Oil jumps to a 4-year high after OPEC denies Trump and fails to raise output CNBC Oil prices jumped more than 2 percent to a four-year high on Monday after OPEC declined to announce an immediate increase in production despite calls by U.S. President Donald Trump for action to raise global supply. Benchmark Brent crude hit its ... OPEC forecasts flatlining demand for its oil ahead of US shale peak OPEC Signals No Rush to Increase Oil Output High crude oil prices to persist as supply risks loom large: Anand Rathi |