CNBC | US oil closes 2.92 pct higher, or $1.22, at $43.02 a barrel CNBC Russia, the world's biggest oil producer, poured cold water on Monday on a new production freeze plan. "The position of Russia is that the prerequisites for this have not yet come to pass, considering that prices are still at a more or less normal ... Oil Rises Despite Supply Glut OPEC Plans Informal Talks Next Month, Sees Oil Dip Temporary OPEC oil freeze talks may be resurrected |