A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC's headquarters in Vienna, Austria, Dec 10, 2016. - REUTERS
VIENNA: Eleven countries agreed on Saturday to cut their oil output, teaming up with the OPEC cartel in an exceptional bid to end the world’s glut of crude and reverse a dramatic fall in income.
Russia and 10 other non-OPEC states will reduce their production by more than half a million barrels per day (bpd), OPEC announced.
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