OPEC agree to cut oil production - " but will it make a difference?

Published: 1/12/2016
OPEC agree to cut oil production - " but will it make a difference?
Source: WWW.TOPIX.COM

It took barely minutes, or so it felt, between news that the OPEC cartel of oil producing nations had announced its first production cut for eight years and the irritated response from motoring org Yes, on the face of it, the cuts have already had a dramatic impact, sending crude prices up some 8% on the day. Longer term, there have to be questions.

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