Oil prices have surged after non OPEC members agreed with their OPEC counterparts to cut production by 558,000 barrels per day, from January 1. This follows an historic meeting of OPEC members who are also cutting 1.2m barrels per day in an attempt to cut the worldwide glut in oil and drive prices higher.
For more on this, Share Radio's Ed Bowsher was joined by Roland Head, Oil expert from thefiringroom.com