In this week's video sponsored by NavPort: OPEC said it would reduce oil output to between 32.5 and 33 million barrels per day. OPEC will now have to hash out which countries will make cuts in production before their next formal meeting in November. In the U.S., Rice Energy has struck a deal to acquire Vantage Energy LLC’s Marcellus acreage in Greene County, Pa., for $2.7 billion.

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