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In Surprise, OPEC Plus Announces Cut in Oil Production

Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.

Clifford Krauss
Author: Clifford Krauss

Written by

Clifford Krauss

in

Coronavirus (2019-nCoV), International Trade and World Market, Oil (Petroleum) and Gasoline, Organization of the Petroleum Exporting Countries, Prices (Fares, Fees and Rates), Russia, Russian Invasion of Ukraine (2022), Saudi Arabia, Saudi Aramco
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