OPEC to reduce oil production by 1.2 million barrels a day

OPEC to reduce oil production by 1.2 million barrels a day
In a first since 2008, the Organization of Petroleum Exporting Countries (OPEC) has reached a deal to cut oil production. In a meeting held in Vienna on Wednesday, the committe decided to cut oil production from 33.8 million barrels per day (bpd) to 32.5 million bpd. 
In a press ...