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OPEC agrees to cut oil production

Denver Post Wednesday, 30 November 2016
Delegates from the Organization of the Petroleum Exporting Countries agreed to cut production by 1.2 million barrels a day to 32.5 million, Iranian Oil Minister Bijan Zanganeh said, representing about 1% of global production.
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Source: Bloomberg Global Business - < > Embed

News video: OPEC Failed to Agree on Iraq, Iran Cuts

OPEC Failed to Agree on Iraq, Iran Cuts 02:51

Nov.23 -- Crude is making gains across the board after OPEC failed to resolve how Iraq and Iran would join plans to cut global output. Bloomberg's Sam Wilkin reports on "Bloomberg Markets: Middle East."

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