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Saudi Arabia will extend voluntary oil cut of one mln bpd for another month to include September - state news agency
SAUDI ARABIA WILL EXTEND VOLUNTARY OIL CUT OF ONE MLN BPD FOR ANOTHER MONTH TO INCLUDE SEPTEMBER - STATE NEWS AGENCY
— *Walter Bloomberg (@DeItaone) August 3, 2023
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SAUDI: THE VOLUNTARY CUT CAN BE EXTENDED AND DEEPENED.
— Breaking Market News (@financialjuice) August 3, 2023
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Ministry of Energy: Saudi Arabia will extend the voluntary cut of one million bpd for another month to include Sept. that can be extended and deepened
An official source from the Ministry of Energy announced that the Kingdom of Saudi Arabia will extend the voluntary cut of one million barrels per day, which has gone into implementation in July, for another month to include the month of September that can be extended or extended and deepened. In effect, the Kingdom’s production for the month of September 2023 will be approximately 9 million barrels per day. The source also noted that this cut is in addition to the voluntary cut previously announced by the Kingdom in April 2023, which extends until the end of December 2024. The source confirmed that this additional ... (full story)