OPEC said to agree on output cuts as Saudis soften on Iran

Group to reduce supply by 1.2 million barrels a day: delegates Benchmark Brent crude prices climb in London to top $50 30 November 2016, Vienna, Austria – OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record global crude glut — and prove the group’s credibility — brought its first […] More »