Published: 10:42, December 1, 2023 | Updated: 10:56, December 1, 2023
OPEC+ further cuts oil output amid falling prices
By Xinhua

Working oil pumpjacks on the outskirts of Maricopa in Kern County, California, on Sept 21, 2023. (PHOTO / AFP)

VIENNA - The Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Thursday announced further production cuts for next year to bolster oil prices that have recently tumbled amid a weakening economic backdrop.