Last updated: June 20, 2018

Energy shares fuel world stock rally on OPEC deal; oil falls

A man takes a photo of an electronic stock indicator of a securities firm in Tokyo, Thursday, Sept. 29, 2016. Energy companies led a rally in Asian stock markets Thursday as investors welcomed news that OPEC nations planned to cut oil production for the first time in eight years in an effort to reduce a global glut. (AP Photo/Shizuo Kambayashi)HONG KONG (AP) — Energy companies led a global stock market rally Thursday as investors welcomed news that OPEC nations planned to cut oil production for the first time in eight years in an effort to reduce a global glut.



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