The Organization of the Petroleum Exporting Countries (OPEC) reached a new deal to curb global crude output. Oil prices surged over 4 percent following the news. OPEC members and major oil producing countries led by Russia have agreed to cut crude output by 1.2 million barrels per day (bpd), a spokesman said as quoted by […]

The post Oil prices jump over 4% as OPEC reaches production cut deal appeared first on Singapore News Huffe.