Pinned onto Business…As oil price leaps to $48 per barrel By Adewale Sanyaolu with agency report For the first time in eight years, OPEC member countries yesterday unanimously agreed to cut oil output to 32.5 million barrels per day (bpd) from 33.24 bpd, representing 750,000 bpd. A strong member of the cartel- Saudi Arabi relaxed its stance […]
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