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OPEC+ to Weigh Production Cut to Bolster Oil Prices
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OPEC+ is set to consider Wednesday its most drastic reduction of production since the pandemic in order to help prop up falling oil prices, a move that could put pressure on global economic growth.
The Organization of the Petroleum Exporting Countries and Moscow-led allies, collectively known as OPEC+, is considering a cut of more than 1 million barrels a day, delegates in the group said.
Read more on wsj.comAbout this in other media
OPEC+ Supply Cut Could Tip Global Economy Into Recession, IEA Says wsj.com /2 years ago
Saudi Arabia claims US requested one-month delay to oil production cut theguardian.com /2 years ago
US Democrats threaten Saudi Arabia with arms freeze over oil output theguardian.com /2 years ago
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