OPEC and its Russia-led allies agreed in Vienna on Friday to cut oil production despite pressure from U.S. President Donald Trump to keep oil prices low.br The cuts will remove 1-point-two million barrels a day from world markets for the first six months of 2019. br OPEC members agreed to cut their combined output by 800-thousand barrels per day, while non-OPEC allies including Russia will reduce output by 400-thousand barrels per day. br Brent crude, an international benchmark for oil prices, went up five percent on the news, trading at 63 U.S. dollars a barrel.br The agreement came as the oil industry is grappling with a roughly 30 percent fall in prices since October.