The Organisation of Petroleum Exporting Countries OPEC agreed last week to reduce collective production by 1.2 million barrels a day to 32.5 million and Russia (a non OPEC member) pledged a cut of 300,000, per day by January "if technically possible."
Oil traded above $50 per barrel following the
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PATRICK ATUANYA
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
