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Saudi extends voluntary oil cut of 1 mn barrels a day

An energy ministry source announced Riyadh "will extend its voluntary cut of one million barrels per day, which was implemented in July 2023, until the end of the second quarter of 2024," the official Saudi Press Agency (SPA) reported.

Saudi extends voluntary oil cut of 1 mn barrels a day
By: NewVision Reporter, Journalists @NewVision

Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to prop up prices.

An energy ministry source announced Riyadh "will

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Riyadh
Saudi Arabia
Oil supply
Prices