It appears OPEC has finally agreed to cut production in a drive to end global surplus Bloomberg News has reported that OPEC clinched a deal to curtail the global oil supply today, surprising many, in a bid to clear a record global crude glut thus going a long way to prove the group’s credibility; this will be its first cut in 8 years, . OPEC will reduce production by 1.2m barrels a day to 32.5m a day, a delegate said this afternoon in Vienna, however he has asked not to be…
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