CNBC | US oil breaks above $41 a barrel CNBC Oil prices have climbed by more than 50 percent from 12-year lows reached in December, bolstered as the Organization of the Petroleum Exporting Countries (OPEC) floated the idea of a production freeze, boosting Brent from about $27 and U.S. crude from ... Oil Prices Fluctuate After Brisk Rally Can the oil price recovery be maintained? Oil prices hit 2016 high on output-freeze hopes |