Media: OPEC to cut 1.2 million barrels per day The OPEC member states have now agreed to slash their output by 1.2 million barrels of oil per day, reports Bloomberg citing a delegate at the OPEC meeting in Vienna. The oil price soars on the news. Photo: /ritzau/Nabil al-Jurani/Arkiv BY JOHANNES HARTKOPF-MIKKELSEN Published: 30.11.16 at 15:57 Share by email Share on LinkedIn Share on Facebook Share on Twitter Log in to read our articles Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users. Log in Try us for 14 days Try a trial subscription for access to our quality journalism Create your personal login here Print Print Increase text size Increase text size Decrease text size Decrease text size Related articles OPEC divisions send the oil price down Tanker carriers have burned through millions this year OPEC deal could boost tanker carriers Oil price leap: Will it reach USD 55?