Agreement to cut oil production could mean higher prices at the pump

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Agreement to cut oil production could mean higher prices at the pump – CBS News

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An alliance of oil-producing countries voted to cut production by 2 million barrels per day, leading to fears of higher energy prices over the winter and driving crude futures up. Reuters energy reporter Laura Sanicola joins CBS News’ Errol Barnett and Lana Zak to discuss what’s moving the market and what might happen to prices at the pump.

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