CNBC | Oil rises as Saudi says it is comfortable with higher prices CNBC Oil prices firmed on Tuesday after Saudi Arabia indicated it was comfortable with a higher price range ahead of a meeting between major producing countries in Algeria. Brent crude futures were up $1.03 a barrel to $79.09 a barrel at 0923 GMT, after ... How crude oil is traded and why the prices are on the rise Oil Rises as Saudis Are Said to Be Content With Prices Over $80 Oil Prices Trade Slightly Lower |