Brent crude breaches $81 a barrel — its highest level since November 2014 — on the back of a tightening oil market and OPEC leaders signaling they won't be immediately boosting output.
Oil producers led by OPEC refused this weekend to agree to a production hike, despite President Donald Trump calling on them to take action last week.
The market is growing concerned about undersupply as U.S. sanctions on Iran threaten to reduce supply by about 1 million barrels a day
FRM Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held
