Editor's Note: A version of this story first appeared in CNN's Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region's biggest stories. Sign up here. Abu Dhabi, UAE CNN — Major oil producing states are bracing the world for the biggest cut in oil production since the pandemic. The OPEC oil cartel and its allies, including Russia, will reportedly consider cutting output by more than 1 million barrels per day (bpd) at a meeting in Vienna on Wednesday. Oil prices climbed by as much as 4%, with benchmark Brent crude futures trading at about $88.60 a barrel…
News Timeline:
Track the development of this news story across the Internet.