VIENNA/LONDON (Reuters) -- OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic at a Vienna meeting on Wednesday, curbing supply in an already tight market despite pressure from the United States and others to pump more.
Commodities
OPEC+ agrees to cut output 2m barrels a day despite U.S. pressure
Saudi Arabia and other group members have said they seek to prevent volatility
The U.S. had pushed OPEC not to proceed with the cuts, arguing that fundamentals don't support them, a source familiar with the matter said. © Reuters
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