OPEC announces it will cut production by 2 million barrels a day, a move likely to send gas and oil prices back up
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The story so far
2 developments- Oct 3, 2022OPEC+ considering cutting oil production, a hit to global economy, crush on Western consumers
- Oct 4, 2022OPEC announces it will cut production by 2 million barrels a day, a move likely to send gas and oil prices back up
Who covered each development
No new developments
Quiet for 1465 daysLast development · Oct 4, 2022 — OPEC announces it will cut production by 2 million barrels a day, a move likely to send gas and oil prices back up
Left
3 viewpointsOPEC+ nations agree to cut oil production to boost sliding prices
OPEC announces it will cut production by 2 million barrels a day, a move likely to send gas and oil prices back up
OPEC is mulling an oil-production cut of more than 1 million barrels per day, and the move is exactly the opposite of what the US wants right now
Center
4 viewpointsRight
7 viewpointsOPEC+ to slash oil output by 2 million barrels per day despite pressure from Washington
OPEC+ agrees on 2 million-barrel-a-day cut to output limit
OPEC+ agrees to cut oil production by 2 million barrels a day in blow to Biden
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