![OPEC slashed oil production last month as the group kicks off plan to boost sagging prices](https://cdn.newsserve.net/ONPglobe256.png)
OPEC slashed oil production last month as the group kicks off plan to boost sagging prices
None OPEC+ scaled back production by more than 400,000 barrels a day last month to boost prices • None Half of the reduction in output came from Iraq and Kuwait, with a quarter from Libya, per Bloomberg. • None Global oil supply set to surge by 1.5 million barrels a day this year. OPEC and its…
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