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<a href="http://www.accessmylibrary.com/coms2/summary_0286-20883739_ITM" title="Facts and information about OPEC agrees to cut output target, several oil ministers say.">OPEC agrees to cut output target, several oil ministers say.</a>
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OPEC agrees to cut output target, several oil ministers say.
(From AP Worldstream)
OPEC agreed Wednesday to follow through on an earlier pledge to cut its oil production target by 4 percent starting in April, several oil ministers said.
The Organization of Petroleum Exporting Countries, which pumps about a third of the world's oil, will reduce its output ceiling by 1 million barrels per day. A recent surge in oil prices had led some of the group's 11 members to suggest ...
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