OPEC agrees to modest oil output curbs in first deal since 2008
Output will be reduced to arange of 32.5-33.0 million b/d. OPEC estimates its current output at 33.24 million b/d By Rania El Gamal, Alex Lawler and Vladimir Soldatkin ALGIERS (Reuters) – OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting […]
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