Saudi Arabia to extend oil output cuts for another month
04 August 2023; MEMO: Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, it said yesterday, adding it could be extended beyond that or deepened, Reuters reported.
The kingdom's production for September will be around nine million barrels per day (bpd), the state news agency SPA cited an official source at the energy ministry as saying.