Newsfeed: OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure

Newsfeed: OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure

A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices despite calls from the U.S. to pump more to help the global economy.