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Oil rallies as Opec ministers meet to discuss output cuts – business live - The Guardian
The Guardian | Oil rallies as Opec ministers meet to discuss output cuts – business live The Guardian That deal did drive the oil price over $50 per barrel, but any hopes (or fears) that prices would push higher have been dashed (or allayed). As this chart shows, the oil price actually dipped back in recent weeks, before rallying on hopes that the deal ... Iraq and Iran both say they support extending OPEC output cuts for 9 months Oil prices rise in anticipation of extended OPEC-led output cut OPEC, Caught in Pincers of Price and Technology, Tries to Control the Oil Market |
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