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Oil surges as Opec 'reaches production cut deal'

BBC News Wednesday, 30 November 2016 ()
Oil surges as Opec 'reaches production cut deal'The price of oil surges after reports Opec members have hammered out some details of a production cut.
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News video: Oil Surges as OPEC Reaches Deal

Oil Surges as OPEC Reaches Deal 01:53

Nov.30 -- Oil soared after OPEC agreed to its first output cut in eight years. The deal was also broader than many had expected, extending beyond cartel members. Bloomberg's Richard Stubbe reports on "Bloomberg Daybreak: Asia."

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