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OPEC agrees to cut oil output from Jan. 1

Business Dec 7, 2019

OPEC agrees to cut oil output from Jan. 1

The powerful OPEC group of oil producers and its allies reached a deal Friday to cut production by 500,000 barrels per day in a bid to stem prices, which have been under pressure from abundant reserves and weak global economic growth. Friday's so-called OPEC+ meeting ...

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