OPEC countries, Russia to cut oil output, pushing up prices

The group decided to cut output by an extra 500,000 barrels a day as they try to support the price of energy and bolster their revenues. But the decision was not easy: they do not want to hand over too much business to the United States, which keeps pumping more oil and flooding the market.

from Energy-Industry-Economic Times https://ift.tt/2LtP2l2