Saudi Arabia extends cut in oil it sends to world in bid to boost prices

The move was announced at Opec’s headquarters in Vienna, Austria (AP)

Saudi Arabia will extend a cut in the amount of oil it sends to the world after a series of reductions by members of the Opec+ alliance of major producing countries failed to prop up prices.

That has been a good thing for US drivers, who have been able to fill their tanks for less money in recent months.