Other members of the producer alliance are also expected to contribute additional cuts, the source added
PHOTO
Saudi Arabia is set to cut output by 1 mln barrels per day (bpd) in early 2024 under the terms of an OPEC+ agreement on Thursday, with Russia contributing a 500,000 bpd cut, an OPEC+ delegate told Reuters.
Other members of the producer alliance are also expected to contribute additional cuts, the source added.
(Reporting by Maha El Dahan in Dubai; Editing by Kirsten Donovan)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
