OPEC has pulled off one of its 'deepest' production cuts

Kuwait Oil Minister: OPEC could extend output cut

Kuwait Oil Minister: OPEC could extend output cut

OPEC is showing a rare degree of discipline in sticking to its promise to slash oil production.

The International Energy Agency said Friday that the cartel achieved 90% compliance in January on its share of production cuts that total 1.8 million barrels per day.

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Economic news – CNNMoney.com

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