Oil prices post gains on OPEC hopes, but doubts linger

06 January 2016, London — Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at curbing global oversupply. Brent crude futures LCOc1, the benchmark for international oil prices, were trading at $57.20 per barrel at […] More »