© 2022 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
WBFO Newsroom | Phone: 716-845-7040
Your NPR Station
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

OPEC is likely to cut oil production, spelling disaster for the price of gas

A customers opens the fuel door on his pickup truck before pumping gas. (Stephan Savoia/AP)
A customers opens the fuel door on his pickup truck before pumping gas. (Stephan Savoia/AP)

The OPEC+ Alliance, or Organization of the Petroleum Exporting Countries, is meeting Wednesday in Vienna, Austria. The group of oil-producing nations — including Russia — are expected to consider a cut in oil production of up to two million barrels a day. Such a move would see a sharp rise in gas prices in the West which is already struggling due to the war in Ukraine.

Herman Wang is a managing editor at S&P Global Platts, covering OPEC and Middle East energy impacts. He joins Here & Now‘s Peter O’Dowd from Vienna for the latest.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.