The Traderszone Network

Published in TZ Latest News 12 December, 2016 by The TZ Newswire Staff

OPEC and Non-OPEC Members Agree to Cut Production, Oil Stocks Soar

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Over the past two weeks, the oil market has been riding a wave of euphoria after OPEC announced that it would cut production. Today, that news got even better as a group of 24 nations including Saudi Arabia and Russia agreed to curb production. As a result, several oil and gas stocks are jumping by double digits. Here’s a quick list of a few companies with gains in excess of 10% as of 11:00 a.m. EST.

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