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Oil prices up after OPEC+ cut

Saudi Arabia has been pushing for production cuts due to fluctuations in global oil prices.

OPEC
The logo of the OPEC is pictured at the OPEC headquarters on Oct. 4, 2022, in Vienna, Austria. — JOE KLAMAR/AFP via Getty Images

Oil prices are at a three-week high following the decision by Saudi Arabia, Russia and other major oil producers to cut production. 

The price of Brent crude oil topped $94 a barrel today, the highest price since Sept. 14, according to market data.

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