OPEC+ to Weigh Production Cut to Bolster Oil Prices –

OPEC+ is set to consider Wednesday its sharpest production cut since the start of the pandemic to help prop up falling oil prices, a move that could put pressure on global economic growth.

The Organization of the Petroleum Exporting Countries and its Moscow-led allies, collectively known as OPEC+, are weighing a reduction of more than 1 million barrels a day, delegates in the group said.