Saudi Arabia to cut oil production in July

Описание: 사우디, 원유 생산량 더 줄인다 OPEC+, 내년 말까지 감산

In a move aimed at boosting oil prices Saudi Arabia will cut oil supplies in July.
According to the Saudi energy ministry on Sunday the country's output will drop to 9-million barrels per day in July from its 10-million barrels per day in May.
It's one of its biggest reductions in years and comes amid a larger deal with OPEC+ to restrict oil supplies in 2024 to stabilize falling oil prices.
OPEC+ is composed of petroleum exporting countries and is largely influential on global oil prices as it pumps around 40-percent of the world's crude.

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2023-06-05, 09:00 (KST)