Breaking News: OPEC+ Stands Firm on Oil Production, Here's What You Need to Know! | #shorts #news

Latest News | "Breaking News: OPEC+ Stands Firm on Oil Production, Here's What You Need to Know!" | #shorts #news

OPEC+ agreed to stick to its oil output targets at a meeting on Sunday, Reuters reported. The decision comes two days after the G7 nations agreed to a $60 per barrel price cap on Russian seaborne crude oil. OPEC+ in October had agreed to cut output by 2 million barrels per day (bpd) from November until the end of 2023.

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#OPECPlus #OilOutput #G7Nations #PriceCap #RussianSeaborneCrudeOil #OutputCut #2MillionBPD #November2023 #shorts #nbcnewsnow

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