OPEC and allies agree to historic oil production cut

OPEC and allies agree to historic oil production cut

Oil prices moved higher early Monday morning stateside after OPEC and its allies agreed to cut production by 9.7 million barrels per day. The deal, which was finalized on Sunday after marathon discussions that spanned four days, is the single largest output cut in history. The group, known as OPEC+, initially proposed cutting production by […]