Oil prices continued their upward climb Thursday, buoyed by Wednesday's landmark OPEC agreement. OPEC will reduce oil production by 1.2 million barrels a day starting in January - it's first production cut since 2008. The news sent Brent and West Texas Intermediate higher by roughly 9%. Saudi Arabia...
The OPEC oil cartel defied expectations on Thursday, and nailed down its first joint output cut since 2008 after tough talks in Vienna, sending oil prices... DNA - Front PageAlso reported by •Firstpost
Oil cartel Opec's decision to cut production from next month may lead to a 5-8% spike in retail prices of fuel over the next three-four months and massively... DNA - Front PageAlso reported by •Reuters India
By Devika Krishna Kumar | NEW YORK NEW YORK Oil prices rallied for their best week in at least five years on Friday, steadying above $51 a barrel, following... Firstpost - IndiaAlso reported by •Reuters India