the cut decision will be reviewed next month to consider whether to continue the voluntary cut, increase the cut or increase production.
Riyadh: The Kingdom of Saudi Arabia will continue to voluntarily cut oil production by one million barrels per day.
According to Saudi Press Agency (SPA), the production cut policy was implemented in July 2023 and was extended till the end of December 2023. Saudi Arabia's production will be around nine million barrels per day in December 2030.
It has been stated in the media reports that the cut decision will be reviewed next month to consider whether to continue the voluntary cut, increase the cut or increase production.
It is also reported that this decision is in addition to the voluntary reduction that was announced in April 2023 and will continue until the end of December 2024.
Trump says Sundar Pichai talked him out of renaming the Atlantic Ocean
- 3 دن قبل
Sri Lanka give Green Shirts crushing defeat
- ایک دن قبل
Pakistan condemns Houthi missile attacks on Saudi Arabia
- 2 دن قبل
At least 30 dead as two high-speed trains collide in Spain
- 3 گھنٹے قبل
Jordan arrests three in dawn raid over church attack
- 2 دن قبل
Jordan strikes militant groups in Syria after church attack
- ایک دن قبل
NA passes resolution on peaceful settlement of Kashmir dispute
- ایک دن قبل
Delta can turn the iPhone Duo into your favorite folding handheld
- 3 دن قبل
Pakistan, US explore new avenues for energy cooperation
- 2 دن قبل
Pakistan says Afghan firing kills one in border district
- 35 منٹ قبل
US singer Chris Brown spared jail after pleading guilty over UK nightclub incident
- 2 دن قبل
What do you do when your love and your life are in two different places?
- 3 دن قبل
