Brent oil highest since 2014 as OPEC stops short of output hike

The Brent oil price soared above SUD 80 per barrel to its highest level since November 2014 after OPEC and its allies hinted at less urgency to boost crude output.
Photo: Bloomberg
Photo: Bloomberg
by Tsuyoshi Inajima and Alex Longley, bloomberg

Brent crude climbed above USD 80 a barrel to its highest level since November 2014 after OPEC and its allies signaled less urgency to boost output, despite US pressure to temper prices.

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