Oil prices bounce as OPEC promises a cut is on the cards

07 November 2016, London — Oil rose more than 1 percent on Monday, boosted by a commitment from OPEC to stick to a deal to cut output, but prices remained more than $7 below last month’s high due to persistent doubts over the feasibility of the group’s plan. Brent crude LCOc1 traded at $46.20 per […] More »