Saudi Arabia will extend its unilateral production cut of one million barrels of oil a day to the end of September, having first introduced it in July. The move comes as the other OPEC+ producers have agreed to extend earlier production cuts to next year.
The kingdom announced the extension in a statement on the state-run Saudi Press Agency, quoting an anonymous official in the kingdom’s energy ministry. The official added that the cut “can ...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: businessposthq - 🏆 8. / 71 Read more »