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Saudi extends voluntary oil cut of 1 mn barrels per day until mid-2024

By AFP

March 3, 2024 09:24 PM


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Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to prop up prices.

An energy ministry source announced Riyadh "will extend its voluntary cut of one million barrels per day, which was implemented in July 2023, until the end of the second quarter of 2024," the official Saudi Press Agency reported.


AFP


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