OPEC closer to deal to cut oil output, sparking price rally

Published: 30/11/2016
OPEC closer to deal to cut oil output, sparking price rally
Source: HOSTED2.AP.ORG

VIENNA (AP) — In an all-out effort to restore OPEC's faded clout, the 14-nation cartel moved Wednesday to end infighting and agree to cut output for the first time in eight years. Crude prices surged as a result.

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