YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

OPEC, allies agree to oil production cut

Posted online

OPEC and its allies reached a deal to cut oil production by 9.7 million barrels per day.

It's the single largest output cut in history.

“This will save hundreds of thousands of energy jobs in the United States,” said President Donald Trump, who was involved in brokering a deal between Saudi Arabia and Russia after a price war broke out between the two countries.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: BluCurrent Credit Union

BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.

Most Read
Update cookies preferences