Oil price rally slows as doubts creep in over OPEC cuts
Published: Tuesday, 06 December 2016
Since OPEC's agreement last week to curb oil output, oil prices have rallied to one-year highs. However, November production figures indicate another rise in output from the organisation.
Although oil prices have rallied since last
week’s announcement by the Organization of the
Petroleum Exporting Countries (OPEC) – which agreed to
curtail oil output – prices slipped today as the