OPEC extends oil cut to prop up prices as economy weakens

By Bozorgmehr Sharafedin and Alex Lawler VIENNA (Reuters) - OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as the group's members overcame their differences in order to prop up the price of crude amid a weakening global economy and soaring U.S. production

The post OPEC extends oil cut to prop up prices as economy weakens appeared first on Firstpost.