(Bloomberg) — The world’s top oil producers pulled off a historic deal to cut global crude output and put an end to a devastating price war.After a week-long marathon of bilateral talks and four days of video conferences with government ministers from around the world — including the OPEC+ alliance and Group of 20 nations — an agreement finally emerged to tackle the impact of the global pandemic on demand.The talks almost fell apart because of resistance from Mexico, but came back from the brink after a weekend of urgent diplomacy — as the clock ticked down to the market …read more
Source:: Yahoo Finance
