Oil Soars, Futures Flat After Shock OPEC Output Cut

"US equities hit the brakes as investors digested the shocking move by OPEC+ to cut oil production by a total of 1.66  million barrels a day......he Organization of Petroleum Exporting Countries and allies including Russia pledged on Sunday to make the cuts from next month that will exceed 1 million barrels a day, with Saudi Arabia leading the way with 500,000 barrels." ZH