
Oil prices jump after OPEC surprise output cuts
Price jump comes after news oil producers will slash output by about 1.16 million barrels per day. Saudi Arabia and other OPEC+ producers have announced plans to cut oil production [File: Vivek Prakash/Reuters] Published On 3 Apr 20233 Apr 2023 Oil prices have surged after Saudi Arabia and other OPEC+ producers announced a surprise round of…