Oil jumps to highest level since November 2014 as OPEC defies Trump

Trading at $80.1 a barrel

Tom Eckett
@TomEckettIW
24 September 2018

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Brent Crude climbed above $80 a barrel to its highest point since November 2014 on Monday after OPEC and its allies refrained from announcing a raise in oil production despite pressure from US President Donald Trump to increase supply.

The Organisation of the Petroleum Exporting Countries (OPEC) along with Russia and other non-OPEC nations met in Algiers on Sunday to discuss the possibility of raising output but ruled out any increase....

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