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Non-OPEC nations agree to cut output by 558,000 barrels per day

 OPEC has persuaded 11 non-member oil producers to cut production in an attempt to raise the low prices that have squeezed government finances in resource-dependent countries. Qatari Energy Minister Mohammed bin Saleh al-Sada, OPEC's president, said Saturday that non-members agreed to cut 558,000 barrels per day, less than the 600,000 barrels a day that OPEC had hoped for. ...


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