OPEC delegate: Agrees deal to cut oil output, no final figure yet

According to the latest headlines floating on the wires, via Reuters citing an OPEC delegate, the cartel has reached an agreement to cut oil production, though final figures were not out yet.
The decision was largely expected and hence, the post-meeting press conference will play an important role in driving sentiment around oil markets.
Author

Haresh Menghani
FXStreet
Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

















