The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, Thursday, March 3, 2022. The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday, Nov. 30, 2023 on cuts to the amount of crude they send to the world, with prices having tumbled lately despite their efforts to prop them up. (AP Photo/Lisa Leutner, file)
November 30, 2023
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November 30, 2023 1 p.m.
Some OPEC+ members will cut the oil that they send to the world to try to boost prices
The market even shrugged off the new move, though it amounts to roughly 2% of global supply.