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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Opec ramps up oil prices – but for how long?

Editor's Insight: Saudi Arabia is seeking control over global oil production until the end of next year.

Tue, 28 Nov 2017

Motorists will know by the end of the week whether the price of petrol will stay up … or go down.

The main reason petrol is costing more than six months ago is the success of the Opec cartel in holding back production.

Opec, formally the Organisation of the Petroleum Exporting Countries, has

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Opec ramps up oil prices – but for how long?
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