Saudi Arabia cuts production to boost oil prices

Video Credit: euronews (in English)
Published on June 4, 2023 - Duration: 01:00s

Saudi Arabia cuts production to boost oil prices

Saudi Arabia, an OPEC heavyweight, decided on Sunday to make a further cut in production in the hope of boosting slumping oil prices, against an economic backdrop overshadowed by the war in Ukraine.


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OPEC+: Riyadh to reduce oil output, others to extend previous cuts 00:35
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