Price rebounds on trading surge
Brent crude oil prices rose above $55 a barrel on Monday, trading at a fresh 16-month high, on rising prospects of a tightening market after Opec members agreed on a landmark deal to cut production last week.
Brent crude oil prices rose above $55 a barrel on Monday, trading at a fresh 16-month high, on rising prospects of a tightening market after Opec members agreed on a landmark deal to cut production last week.