Saudi Arabia to extend voluntary cut in oil production until September

Energy
  • 03 August, 2023
  • 13:25
Saudi Arabia to extend voluntary cut in oil production until September

Saudi Arabia will extend a voluntary cut in oil production by 1 million barrels per day (b/d) into September, Report informs referring to TASS.

Prior to this, the voluntary reduction was calculated first for July, and then extended to August.

At the same time, in the future, the reduction in production can be extended and increased.

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