Saudi Arabia will continue to cut oil production
Economy
Saudi Arabia will continue to voluntarily reduce oil production by 1 million barrels per day in December this year. This was reported by the agency Saudi Press.
It is noted that in December the Kingdom will decide on the extension of the reduction in oil production.
It is reported that the Kingdom's production in December 2023 will be about 9 million barrels per day.
The source also noted that the reduction is in addition to the voluntary reduction announced by the Kingdom in April 2023, and will last until the end of December 2024.
It is reported that the Kingdom's production in December 2023 will be about 9 million barrels per day.
The source also noted that the reduction is in addition to the voluntary reduction announced by the Kingdom in April 2023, and will last until the end of December 2024.
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