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Global oil benchmark, Brent crude, traded above $51 per barrel on Wednesday after the Organisation of Petroleum Exporting Countries agreed on its first limit on oil output since 2008. OPEC had in September said it would reduce production to 32.5 million barrels per day from the current figure of 33.24 million bpd. Brent, against which […]
Oil soars above $51 as OPEC agrees deal
Source: Business