Saudi Arabia Extends Voluntary Oil Cut Of 1mln Barrels Per Day Until Mid-2024

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 1 million barrels per day, which was implemented in July 2023, until the end of the second quarter of 2024,” the official Saudi Press...