[ad_1] The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply reduce its oil production in an attempt to “boost prices”. Energy ministers cut production by a larger-than-expected two million…
Tag: OPEC
OPEC and Russia oil cut deals promise to address supply glut
[ad_1] Faced with a supply glut that has dramatically pushed down prices, oil producing countries from around the world have pledged to cut output and to “rebalance the market”. It…