Oil output curbs push up petrol prices

Link to the article: Channel 4 News

By Carl Dinnen

Pump prices are up, but Opec, meeting in Vienna, is unlikely to boost current output levels. Carl Dinnen talks to Paul Watters of the AA.

Since September petroleum exporters have reduced output by more than 4 million barrels a day, which has helped drive up prices.

In the UK the cost of a litre of petrol has nearly reached one pound. That means it has shot up by two and a half pence in just over a month.