CNBC | What happened to oil's bounce? CNBC Monday's oil price spike may have been motivated by the Organization of Petroleum Exporting Countries (OPEC) talking about production cuts for the first time in the current low-price run, cuts to U.S. output estimates, or just by the perception that ... Oil Prices Pull Back on New China Worries Crude oil is going parabolic OPEC ready to talk, boosting oil prices |