OPEC oil producers have agreed to a new production limit that will keep output at roughly its current level. Iran had wanted to cut production, which would boost prices. But Saudi Arabia's argument -- that levels should be maintained -- won out.
OPEC oil producers have agreed to a new production limit that will keep output at roughly its current level. Iran had wanted to cut production, which would boost prices. But Saudi Arabia's argument -- that levels should be maintained -- won out.
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