Saudi Arabia cuts oil production again to shore up prices — this time on its own


Prices are displayed on a gas pump outside of a gas station in Washington, D.C., on June 14, 2022.

OPEC+ countries also agreed to extend oil production cuts they announced in April through the end of 2024, reducing production by more than 1 million barrels per day.

(Image credit: Stefani Reynolds/AFP via Getty Images)

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