IB Times Oil Analyst Gaurav Sharma does accept that the global - OPEC and non-OPEC - oil output cut deal is a major development, but adds it lacks long-term punch.

Global oil deal: ‘Devil is in the details’ - IB Times

<p>Broadcasting live from our studios in the heart of the City, beside St. Paul's and the London Stock Exchange, we plan to do to sports and financial commentary what Usain Bolt did to the Olympics: make it un-missable, unbeatable and totally absorbing. Would you bet against him in Rio...? Tip TV is committed to a lively, occasionally irreverent show, but always based on knowledgable contributors across all markets. I would say sit back and enjoy it - but actually I think you'll be on the edge of your seat!</p>

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Broadcasting live from our studios in the heart of the City, beside St. Paul's and the London Stock Exchange, we plan to do to sports and financial commentary what Usain Bolt did to the Olympics: make it un-missable, unbeatable and totally absorbing. Would you bet against him in Rio...? Tip TV is committed to a lively, occasionally irreverent show, but always based on knowledgable contributors across all markets. I would say sit back and enjoy it - but actually I think you'll be on the edge of your seat!

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Global oil deal: ‘Devil is in the details’ - IB Times

Global oil deal: ‘Devil is in the details’ - IB Times