Displaying items by tag: Saudi cuts oil supply by a million barrels

Wednesday, 07 June 2023 10:53

Saudi cuts oil supply by a million barrels

According to AP new, Saudi Arabia said Sunday that it will reduce how much oil it sends to the global economy, taking a unilateral step to support the sagging cost of crude after two earlier production cuts by members of the OPEC+ alliance of major oil-producing countries failed to push prices higher.

Published in International News
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