US, EU React to OPEC+ Agreement to Slash Oil Production
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Gas prices may be inching down, but you may want to hold off on that celebratory cross-country road trip.
On Wednesday, the alliance of oil-drilling nations OPEC+, which produces over half the world's oil, announced it had agreed to the steepest production cuts to its members' oil operations since the start of the pandemic. The move could halt precipitously falling consumer gas prices -- and has oil-importing countries in a tizzy.
Source Fool.com
