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Crude oil prices jump over 8 per cent amid reports of OPEC agreeing to cut output

All India Radio Wednesday, 30 November 2016
Crude oil prices jump over 8 per cent amid reports of OPEC agreeing to cut outputGlobal crude oil prices shot up more than 8 percent today, as some of the world's largest oil producers gathered in Vienna to try to agree to a production cut.
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News video: Oil Surges as OPEC Reportedly Nears Production Cut Agreement

▶ Oil Surges as OPEC Reportedly Nears Production Cut Agreement 02:38

All eyes are on the Organization of Petroleum Exporting Countries meeting in Vienna Wednesday as OPEC's self-imposed Nov. 30 deadline to reach an agreement to cut production looms with no deal finalized. Crude oil prices surged on Wednesday on reports that the organization may agree to a compromise...

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