Oil price sees its surge after OPEC has agreed to its first oil output cuts since 2008. The oil crude price goes up even before the date of validation and giving the market some new hope. In an interview with Ivan Leung, financial analyst Kam Yuen is going to explain what is the ultimate goal of this agreement and how could Opec ensure its members to follow. He will also explain if OPEC's plan of cutting oil production works, what could be the Impact of the global and Australian economy when oil price are to keep on hiking?
Oil price sees its surge after OPEC has agreed to its first oil output cuts since 2008. The oil crude price goes up even before the date of validation and giving the market some new hope. In an interview with Ivan Leung, financial analyst Kam Yuen is going to explain what is the ultimate goal of this agreement and how could Opec ensure its members to follow. He will also explain if OPEC's plan of cutting oil production works, what could be the Impact of the global and Australian economy when oil price are to keep on hiking?
