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Oil steadies amid surging US output worries

Opec and non-members elected to cut production by a joint 1.2 million bpd this year

Oil price: Brent crude oil futures slipped 14 cents to settle at $61.18 a barrel
Oil price: Brent crude oil futures slipped 14 cents to settle at $61.18 a barrel
  • Reuters
USAViennaOpecTony HeadrickUS Energy Information Administration
Published 17 January 2019, 22:43Updated 17 January 2019, 22:43