The cuts add to 1.66 million barrels per day of other voluntary crude output that some members of OPEC have put in place until the end of 2024.
The cut could drive oil and gas prices back up after weeks on a downward trend.
Oil prices in the U.S. are at an all-time high. That said, it's frustrating that there's very little explanation as to why. Here's everything you need to know about gas price fluctuations.
Average prices for fuel in The Bay Area reached $4.75 a gallon. What do prices look like around the country, in comparison?
This week, oil traded for a negative price. What does this mean, and how can an investor take advantage of it?