U.S. markets open in 36 minutes
  • S&P Futures

    4,054.25
    -21.25 (-0.52%)
     
  • Dow Futures

    34,284.00
    -175.00 (-0.51%)
     
  • Nasdaq Futures

    11,954.25
    -56.00 (-0.47%)
     
  • Russell 2000 Futures

    1,886.80
    -7.60 (-0.40%)
     
  • Crude Oil

    82.55
    +2.57 (+3.21%)
     
  • Gold

    1,806.70
    -2.90 (-0.16%)
     
  • Silver

    23.14
    -0.11 (-0.47%)
     
  • EUR/USD

    1.0570
    +0.0039 (+0.37%)
     
  • 10-Yr Bond

    3.5210
    +0.0150 (+0.43%)
     
  • Vix

    20.12
    +0.28 (+1.41%)
     
  • GBP/USD

    1.2266
    -0.0030 (-0.25%)
     
  • USD/JPY

    135.6470
    +1.3760 (+1.02%)
     
  • BTC-USD

    17,249.71
    +301.96 (+1.78%)
     
  • CMC Crypto 200

    408.93
    +7.51 (+1.87%)
     
  • FTSE 100

    7,586.49
    +30.26 (+0.40%)
     
  • Nikkei 225

    27,820.40
    +42.50 (+0.15%)
     

OPEC+ Agrees to Output Cut of 2 Million Barrels a Day

OPEC+ Agrees to Output Cut of 2 Million Barrels a Day

OPEC and its allies on Wednesday agreed to the biggest reduction in oil output since early 2020, putting the group on a path to conflict with the U.S. government. OPEC and its Russia-led allies agreed to cut production by 2 million barrels a day at their meeting in Vienna. President Joe Biden has pushed in recent months for higher oil production amid concerns over rising gasoline prices, while releasing U.S. strategic reserves to boost supplies.