Oil jumps over 5 per­cent af­ter OPEC agrees to re­duce out­put

Daily Sabah (Turkey) - - Front Page -

OVER a 5 per­cent rise was seen in oil prices on Fri­day as the Or­gan­i­sa­tion of the Petroleum Ex­port­ing Coun­tries (OPEC) broadly agreed a deal to cut oil pro­duc­tion by 1.2m bar­rels a day. Bench­mark Brent crude oil reached around $63 a bar­rel.

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