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OIL rise after OPEC agreement

2:49 PM 7 December 2018
In last minutes Iran has agreed to the OPEC deal and was exempted from the cuts. The total reduction from OPEC will be 800k bpd, but also countries from outside cartel (OPEC+) plan cut their production. Russia agree to cut their production by 400k bpd, so OPEC+ agreement ends with 1,2 mbpd cut. Brent (OIL) rise over 4,5% to 63$.
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