OPEC, non-OPEC extend oil output cut by nine months to fight glut

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VIENNA (Reuters) – OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.

Source:: OPEC, non-OPEC extend oil output cut by nine months to fight glut

      

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