Saudi Arabia will extend voluntary oil cut of 1 million bpd to include September: SPA

The Saudi ministry of energy said that the cut can be “extended or extended and deepened”

Last updated: August 03, 2023 | 17:13

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On July 3, Saudi Arabia said it would extend the cut for another month to include August, adding that it could be extended further.

Reuters

Riyadh: Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, the state news agency SPA said on Thursday.

The agency cited an official source at the ministry of energy as saying the cut can be “extended or extended and deepened”.

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