Tag: saudi arabia oil cut

A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq.(REUTERS)
Posted in Business

Saudis to cut oil production by 500,000 barrels per day for ‘market stability’

Saudi Arabia said Sunday it will cut oil production by 500,000 barrels per day from May until the end of 2023. A general view shows…

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