OPEC, allies agree to deepen oil output cuts https://www.livemint.com/news/world/opec-allies-agree-to-...
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MCX:CRUDEOIL 
Reputation: 194,042 • Dec 6, 2019 12:41 PM
OPEC, allies agree to deepen oil output cuts
Saudi Arabia was more keen on reducing output as the kingdom needs higher oil prices to support its budget revenue and the IPO of Saudi Aramco.Existing supply curbs of 1.2 million barrels per day, aimed at supporting oil prices and preventing excess supply, are set to expire in March
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