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Saudi Arabia cuts production to boost oil prices

Video Credit: euronews (in English) - Duration: 01:00s - Published
Saudi Arabia cuts production to boost oil prices

Saudi Arabia cuts production to boost oil prices

Saudi Arabia, an OPEC heavyweight, decided on Sunday to make a further cut in production in the hope of boosting slumping oil prices, against an economic backdrop overshadowed by the war in Ukraine.


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Saudi Arabia cuts oil output by 1 million barrels per day to boost sagging prices

Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to...
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Oil prices up after Saudi Arabia announces more production cuts [Video]

Oil prices up after Saudi Arabia announces more production cuts

Oil prices are up after Saudi Arabia, a key member of the Organization of the Petroleum Exporting Countries, announced more production cuts, which include reducing production by an additional 1 million..

Credit: Rumble     Duration: 00:45Published
OPEC+: Riyadh to reduce oil output, others to extend previous cuts [Video]

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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..

Credit: euronews (in English)     Duration: 00:35Published