Commodity Live: Will the price of crude oil flare up due to the decision of OPEC+?

There has been a sharp jump in the prices of Crude Oil Price in the international oil market once again, because in the meeting of OPEC+ Organization of Petroleum Exporting Countries, Saudi Arabia has said that it will cut oil production by one million barrels per day in July. will do Due to which its oil production will reach the lowest levels in the last several years. OPEC+ countries control 40% of the world's crude oil. The effect of this decision is being seen in crude oil prices