Oil Prices Surge As OPEC Agrees To First Production Cut Since 2008
![Oil Prices Surge As OPEC Agrees To First Production Cut Since 2008](http://gdb.rferl.org/86CD1D25-5747-43E1-841A-EC85D04BAC69_cx0_cy16_cw0_w800_h450.jpg)
Ministers from the 15 members of the Organization of the Petroleum Exporting Countries (OPEC) have reached an agreement to cut their oil production by 1.2 million barrels a day.
Ministers from the 15 members of the Organization of the Petroleum Exporting Countries (OPEC) have reached an agreement to cut their oil production by 1.2 million barrels a day.