Oil Prices Surge After Non-OPEC Countries Agreed to Cut Output

Oil prices have jumped after oil producing countries that are not OPEC members agreed to cut output. Brent crude oil price surged to $57.89 a barrel – the highest since July 2015 – before falling back to $56.55, although that was still a gain of 4.1% on the day. On December 10, non-OPEC countries agreed… Continue reading Oil Prices Surge After Non-OPEC Countries Agreed to Cut Output