Home Page : Archive News : October 2022 News : OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | |
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure | |
October 06, 2022 Oil prices have fallen to roughly $80 a barrel from more than $120 in early June amid growing fears about the prospect of a global economic recession. Source: https://www.cnbc.com/2022/10/05/oil-opec-imposes-deep-production-cuts-in-a-bid-to-shore-up-prices.html |