Saudi Arabia to extend voluntary oil cut of 1 mln bpd until Dec - SPA


Reuters | Dubai | Updated: 05-09-2023 18:36 IST | Created: 05-09-2023 18:36 IST
Saudi Arabia to extend voluntary oil cut of 1 mln bpd until Dec - SPA
  • Country:
  • United Arab Emirates

Saudi Arabia will extend its voluntary cut of one million barrels per day for another three months until the end of December 2023, state news agency SPA said on Tuesday.

The voluntary cut decision will be reviewed monthly to consider deepening the cut or increasing production, SPA added.

Also Read: BRICS invites six countries including Saudi Arabia, Iran to be new members

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback