OPEC agrees to curb oil output
Published: Thursday, 15 December 2016
Oil prices rallied following an announcement by OPEC that it would set a production limit of 32.5m bbl/d.
The Organization of the Petroleum Exporting Countries (OPEC)
agreed a deal at the end of November to curtail oil supply for
the first time in eight years following a ministerial meeting
Iranian Oil Minister Bijan Namder Zanganeh said that OPEC
plans to reduce output to 32.5m barrels a...