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OPEC agrees to modest oil output curbs in first deal since 2008 - CNBC
CNBC | OPEC agrees to modest oil output curbs in first deal since 2008 CNBC OPEC agreed on Wednesday to modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. "OPEC made an exceptional decision today . Why OPEC Cut Should Mean Higher Oil, Higher Stock Market MarketsOil prices touch three-week high on Opec deal Why China is the oil 'wild card' that could overrule any OPEC moves |
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