
Global stock markets are deep in the red after the Brent Crude oil price this morning soared as high as $119 a barrel.
One of the benchmark’s biggest jumps on record came as major oil producers including Kuwait cut back output.

Global stock markets are deep in the red after the Brent Crude oil price this morning soared as high as $119 a barrel.
One of the benchmark’s biggest jumps on record came as major oil producers including Kuwait cut back output.