The Saudi output reduction of 1 million barrels a day that started this month-which comes in addition to existing curbs agreed by OPEC+ will continue into August and could be extended further, according to a statement published by state-run Saudi Press Agency. The cuts will take the kingdom's production to 9 million barrels a day, lowest level in several years, sacrificing sales volumes for what has so far been little reward in terms of higher prices.
Diese Geschichte stammt aus der July 04, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der July 04, 2023-Ausgabe von Mint Mumbai.
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