Opec+ cuts to continue amid uncertainty over Russian sanctions

Group to slash oil production by 2 million bpd until end of 2023 in bid to increase oil prices as EU ban on Russian imports comes into force, along with G7 price cap

Curtailing crude: Opec’s headquarters in Vienna, Austria.
Curtailing crude: Opec’s headquarters in Vienna, Austria.Photo: AP/SCANPIX
Published 5 December 2022, 10:24Updated 7 December 2022, 14:13