OPEC Oil Production Hits New All Time High As Brent Surges To 16 Month High
December 05, 2016 at 12:24 PM EST
The greatest trick OPEC ever pulled was convincing the world to buy oil even as production kept rising to new all-time highs. Oil rose to fresh 16 month highs, with Brent rising above $55 for the first time since mid-2015.
