Strong start to OPEC, non-OPEC oil output cuts

by | January 25, 2017 1:34 am

Representatives of Organization of Petroleum Exporting Countries (OPEC) and several other major oil producers met in Vienna for their first meeting to monitor compliance with an agreement to cut output. Brent oil prices that fell to $27.10 a barrel a year ago rose to an 18-month high of more than $58/bbl after OPEC and several…

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