Saudi Arabia announces additional cut of 1 million barrels per day

2023-06-04 17:27:17

Saudi Arabia, a heavyweight in the Organization of Petroleum Producing Countries (OPEC), has decided to carry out a further reduction in its oil production, Saudi Prince Abdel Aziz Ben Salman announced on Sunday (June 4th). hope of boosting prices.

This measure applies from the month of July and “may be extended”he said at a press conference following a meeting in Vienna of the thirteen members of OPEC and their ten allies led by Russia.

The World with AFP

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