CNBC | Non-OPEC oil producers to cut output 558000 barrels a day CNBC OPEC has persuaded 11 non-members to cut oil production, a move aimed at draining a worldwide oil glut and boosting low prices that have squeezed government finances in Russia and Saudi Arabia. Officials said Saturday that non-members agreed to cut ... Oil-Producing Countries Agree to Cut Output Along With OPEC Non-Opec countries agree to cut oil output to ease glut OPEC, non-OPEC agree first global oil pact since 2001 |