OPEC+ slashes oil output further to boost flagging prices ...Kuwait

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OPEC+ slashes oil output further to boost flagging prices
Major oil-producing nations Saudi Arabia and Russia on Thursday announced they would further slash production in an effort to prop up volatile prices following an OPEC+ meeting. The meeting also saw major producer Brazil declared as joining the grouping from next year, according to a statement by the Organization of the Petroleum Exporting Countries (OPEC). Brazil's Energy Minister Alexandre Silveira, who attended the meeting, called it a "historic moment for Brazil", but added his ministry still needed to study "in detail" the invitation to join the group. Following the virtual meeting of ministers from the 23-member OPEC+ alliance, Riyadh announced it would extend i

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