Video: Oil Soars Above $50 As OPEC Agrees On Supply Cut

Brent crude broke through $50 a barrel Wednesday for the first time since Oct. 28 as OPEC was said to be near to finalizing an agreement to cut supply and stabilize global markets from its meeting in Vienna, Austria.

Brent crude broke through $50 a barrel Wednesday for the first time since Oct. 28 as OPEC was said to be near to finalizing an agreement to cut supply and stabilize global markets from its meeting in Vienna, Austria.

See Bloomberg's Wednesday morning report below: 

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