Financial Times | Opec beats oil output cut expectations, says watchdog Financial Times The limits adopted by the oil cartel in January have been “one of the deepest in the history of Opec output cut initiatives”, the International Energy Agency said on Friday. Brent crude, the international benchmark, jumped more than $1 a barrel after ... Global oil demand improves but slowdown still forecast for 2017: IEA Oil up nearly 2 percent on signs of widespread OPEC deal compliance Oil Prices Rise as OPEC Complies With Production Cuts |