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The energy sector is one of the rare bright spots in the world's equity markets; an index of energy companies in the S&P 500 has rallied more than 40% so far this year.
Maintaining curbs through March will 'do the trick,' says Saudi oil minister.
Non-OPEC countries agree to trim output next year.
Group to reduce supply to 32.5 million barrels a day.
U.S. oil shale boom is faltering, while Iran's exports are growing slowly.
Oil prices are falling despite conflicts in Ukraine and the Middle East.