Saudi Arabia says OPEC+ output cuts can continue past March if needed: Bloomberg

OPEC+ oil production cuts can “absolutely” continue past the first quarter if needed, Saudi Energy Minister Prince...
04 Dec, 2023

OPEC+ oil production cuts can “absolutely” continue past the first quarter if needed, Saudi Energy Minister Prince Abdulaziz bin Salman told Bloomberg News on Monday.

Opec’s cut: Not enough?

Last month, OPEC+ oil producers agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.

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