OPEC deal could push oil to $80 per barrel – analyst tells RT

The Organization of Petroleum Exporting Countries (OPEC) has reached a new deal to restrict global output. Oil prices jumped in response, and they will continue to soar, analyst told RT.

The deal between OPEC’s 15 member states and allied states led by Russia was reached at a meeting between OPEC and global oil producers in Vienna, Austria on Friday. Under the agreement, global crude oil output will be slashed by 1.2 million barrels per day (bpd) for the first six months of 2019…read more

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