30 Nov 2023 | 15:35
OPEC+ agrees to cut output by a further 1m barrels a day
(Sharecast News) - OPEC+ members have reportedly agreed to cut oil production by a further one million barrels a day.
In an online meeting, the cartel of oil producing nations- led by Saudi Arabic - said the production cuts would begin early next year.
According to the Financial Times, Saudi Arabia will extend a voluntary cut of a similar amount..