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Oil prices surge, OPEC agrees on first production cut since 2008

DNA Wednesday, 30 November 2016
Saudi Arabia said it was prepared to accept "a big hit" on production, while Iran freezed output at pre-sanctions levels.
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Source: Bloomberg Global Business - < > Embed

News video: Iran Optimistic About OPEC Output Cut

Iran Optimistic About OPEC Output Cut 04:50

Nov.20 -- Robin Mills, founder and chief executive officer at Qamar Energy, discusses the recent round of OPEC talks and the production cut deal. He speaks to Tracy Alloway and Sam Wilkin on "Bloomberg Markets: Middle East."

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