Saudi Arabia plans more oil production cuts under OPEC+ deal – agency
Business & Economy
June 04, 2023, 21:20
According to Reuters, OPEC+ countries may further reduce oil production from 2024
VIENNA, June 4. /TASS/. Saudi Arabia plans new voluntary oil production cuts as part of the OPEC+ deal, Reuters reported on Sunday, citing sources.
According to the agency, OPEC+ nations may make additional production cuts from 2024 if they agree production baselines, from which cuts are calculated
OPEC+ delayed the beginning of their official talks by several hours because of informal discussions, a source in one of the delegations told TASS.