Reuters |
OPEC agrees modest oil output curbs in first deal since 2008
Reuters ALGIERS 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 pressure from low oil prices. "OPEC made an exceptional decision today ... Oil Climbs Most in Five Months as OPEC Said to Reach Output Deal OPEC Agrees on Need to Cut Oil Output A sketchy OPEC deal just put a floor under oil prices |
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