Oil Prices Firm Up as Producers Agree to Cuts

Global oil markets have gone from strength to strength following an unprecedented level of cooperation between OPEC and non-OPEC oil producers to reduce global oil supplies in an effort to shore up prices and resuscitate their ailing economies.

Oil Prices Firm Up as Producers Agree to Cuts
Russian Minister of Energy Alexander Novak, left, and Saudi Minister of Energy Khalid Al-Falih attend a news conference after OPEC's meeting in Vienna, Austria, Dec. 10. (AP Photo/Ronald Zak)

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