Telegraph.co.uk | Opec deal to reduce crude output sends oil prices surging Telegraph.co.uk The Organisation of the Petroleum Exporting Countries has struck a deal to cut crude output for the first time in eight years to help ease a global glut, a landmark agreement that sent oil prices surging. Brent crude leapt 5.9pc to $48.69 a barrel this ... OPEC Agrees to Curb Oil Output in the First Deal Since 2008 Markets rally after Opec agrees to cut oil production – business live Oil Prices Fall on OPEC Deal Skepticism |