Has Opec lost control?
Minutes after Opec tried to cool scorching oil prices by announcing a hike in its output target, oil surged to record highs. Has Opec lost control, and is there anything it can do to bring prices down? Stella Farrington finds out
Throughout its March meeting in Iran, Opec stressed it did not want prices to go any higher than the current level of around $50 a barrel (/bbl). Prices
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