Reuters | Oil up more than 8 percent as OPEC finalizes output cut deal Reuters The Organization of the Petroleum Exporting Countries agreed to cut production to 32.5 million barrels per day, Kuwait's oil minister said. The cuts include Iraq reducing output by 200,000 bpd to 4.351 million bpd beginning in January. The country had ... The Oil And Gas Situation - November 2016 Edition OPEC agrees to oil production cuts FTSE 100 rises and oil breaks $52 as Opec agrees to cut output for first time since 2008 |