The voluntary reduction of one million barrels per day will be in place for an additional month to include September One of OPEC’s top producers, Saudi Arabia, announced on Thursday the extension of its cut in oil output for at least another month, to support global crude prices. State news agency SPA cited an official source at the energy ministry as saying that with the kingdom’s voluntary cut of one million barrels per day, production for September will be around nine million barrels per day (bpd). “This additional voluntary cut comes to reinforce the precautionary efforts made by OPEC+ countries with the aim o
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