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OPEC Agrees to Cut Production in Drive to End Record Glut

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Broader than expected agreement to include non-OPEC countries Benchmark Brent crude prices climb in London to top $50 Is OPEC Back After Oil Production Cut Deal? OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its first production cuts in eight years. The deal, designed to drain record global oil inventories, ...

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