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OPEC, non-OPEC agree to their first global oil pact since 2001

December 10, 2016 by · Leave a Comment 

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some …

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OPEC, non-OPEC agree to their first global oil pact since 2001