Brent crude has jumped more than 8% to trade above $50 per barrel, after OPEC members agreed to cut oil production by 1.2 million barrels per day.
At a meeting in Vienna yesterday, members of the Organisation of the Petroleum Exporting Countries (OPEC) agreed to cut oil production to 32.5m barrels a day from January 2017. Brent crude climbed over...
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Granted leave to appeal the judgement