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Saudi Arabia Raises All July Crude Prices After Surprise Output Cut

Upworthy Tuesday, 6 June 2023
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Video Credit: euronews (in English) - Published
News video: OPEC+: Riyadh to reduce oil output, others to extend previous cuts

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

In order to keep crude oil prices stable on the world market, the OPEC+ countries, including heavyweight Russia, have agreed to maintain previous production cuts through 2024, while Saudi Arabia cuts output by 1 million barrels per day.

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