Opec agreement pushes oil prices above $50 a barrel and leads to fears of more increases

It is feared fuel prices will go up after the world's largest group of oil exporters agreed to cut production.

Opec agreement pushes oil prices above $50 a barrel and leads to fears of more increases
Thu, 01 Dec, 2016 - 07:15

It is feared fuel prices will go up after the world's largest group of oil exporters agreed to cut production.

Oil prices have soared after the Organisation of the Petroleum Exporting Countries (Opec) defied the naysayers to agree its first production cut since 2008.

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