International Economic

Saudi Arabia extends voluntary oil cut - report

By Frank Prenesti

Date: Tuesday 05 Sep 2023

(Sharecast News) - Saudi Arabia has extended its 1-million-barrels-per-day voluntary oil production cut until the end of the year, CNBC reported, citing the state-owned Saudi Press Agency.
Riyadh first applied the reduction in July and has since extended it on a monthly basis. The cut adds to 1.66 million barrels per...

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