Saudi Arabia announces voluntary oil production cut

Saudi Arabia announces voluntary oil production cut

[ad_1] Representative Image (Photo: Twitter) Riyadh: Saudi Arabia’s Energy Ministry has announced a voluntary oil cut of 500,000 barrels per day from May till the end of 2023. The production cut is in coordination with some other countries of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC Participating Countries in the Declaration of…

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