OPEC oil-producing countries will cut production by 1.2 million barrels per day.

OPEC oil-producing countries will cut production by 1.2 million barrels per day.: The two day annual meeting of the Organization of Petroleum Exporting Countries OPEC came to an end on the afternoon of December 7, local time. After negotiations, major oil producers, including non-OPEC countries such as Russia, finally reached a new agreement to reduce