Opec agrees to cut output as Saudis soften stance on Iran

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Opec agrees to cut output as Saudis soften stance on Iran

The Organization of the Petroleum Exporting Countries (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 cuts in eight years.
Source Business Standard
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