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Two months after setting the ball rolling in Algiers and eight years after it last cut output, OPEC agreed this time in Vienna to resume its efforts to prop up oil prices. The group announced cuts of 1.166m barrels a day, effective from the beginning of January, for six months. The deal may be renewed at the end of May.   The vast majority of market participants doubted the ability of the international oil cartel to agree on anything, much less and agreement to cut production. In the days leading up to the November 30 biannual meeting, it began to appear that the framework for a deal discussed in Algeria back in September was falling apart. The Saudis stated that they would not agree to any deal where all members