Update: OPEC+ agrees to cut output by 2 million b/d – sources

OPEC and allies have agreed to reduce output by 2 million b/d, according to Reuters citing sources. The OPEC+ meeting is currently underway in Vienna, Austria.

ICE Brent has gained $0.66/bbl since 09.00 GMT, now priced at $92.12/bbl at 13.00 GMT

By Konica Bhatt

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