OPEC+ to consider reducing oil output|CC0 1.0

Addressing oil market volatility and falling prices, the OPEC+ alliance will consider cutting off more than a million barrels per day (bpd) in oil production next week.

The move poses a challenge for the White House, which has been pressuring OPEC producer Saudi Arabia to continue pumping more oil to soften fuel prices. The meeting is to take place on October 5.