OPEC agrees to slash daily output in bid to raise global oil prices

OPEC agrees to slash daily output in bid to raise global oil prices

The OPEC oil cartel reached a deal Wednesday to reduce its output for the first time in eight years, Qatar’s energy minister and president of the OPEC conference said. Oil prices rose more than 8 percent on Wednesday as some of the world’s largest oil producers agreed to curb oil output for the first time […]