OPEC moves on slashing output to bolster pricesQuicklink submitted by Amanda Lang Permalink
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|The 11 members of the OPEC oil cartel have agreed to slash output by a million barrels a day, the OPEC president has said, in a move aimed at shoring up sliding world crude prices. 'Our position to cut one million bpd (barrels per day) has received consensus. All members have agreed.'|
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