No Match Found
The Brent Crude spot price continues its recovery. It is now some 97% higher since the low in January 2016 of US$27/bbl. Recently at the Vienna meeting on November 30th, OPEC confounded sceptics by agreeing to cut production by 1.2m bbls/d which had an equally positive impact supporting oil prices.
Read more about the oil markets in this Oil Price Update
Jan Willem Velthuijsen
Chief Economist, PwC Netherlands
Tel: +31 (0)62 248 32 93