OPEC+ agrees deep cuts to oil production despite U.S. pressure

Summary by Ground News
The Organization of the Petroleum Exporting Countries (OPEC) and its oil-exporting allies announced a 2 million barrel per day cut in oil production Wednesday, bucking months of pressure from Washington to increase production and potentially spiking gas prices again.
Published 2 months ago · Washington, United States

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OPEC+ makes big oil cut to boost prices; pump costs may rise

The OPEC+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices.The move Wednesday could deal the struggling global economy another blow and raise politically sensitive pump prices for US drivers just ahead of key national elections.

2 months ago·Mumbai, India
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2 months ago·India
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2 months ago·United Kingdom
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Cartel curbs production by 2m barrels a day despite strong US pressure

2 months ago·London, United Kingdom
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OPEC+ to cut oil production by 2 million barrels a day next month

The OPEC+ alliance of oil-exporting countries on Wednesday decided to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections.

2 months ago·Canada
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