The Week UK | Oil price rally continues but analysts express caution The Week UK But November's announcement of a production cut from Opec, followed the following month by a similar pledge from other major oil nations, including Russia, has boosted prices. After jumping ten per cent on news of the Opec deal, Brent crude is now ... Op-Ed: Merry Christmas oil traders! OPEC deal could push crude to $60 Oil price surges as Opec agrees first cut in output since 2008 Game of oil: Behind the OPEC deal |