Oil prices up after Saudi Arabia announces more production cuts
Video Credit: Rumble - Duration: 00:45s - Published
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 barrels a day for at least a month and extending current cuts.
Saudi Arabia, the world's top oil exporter, already reduced production in April by 500,000 barrels a day.
Riyadh extended that cut on Sunday through December 2024.
Amazon Prime Day 2023, Announced.
This year, Prime Day will occur
on July 11 and 12, CNET reports. .
The 48-hour event will offer Prime
customers big savings on select items.
Some of the brands..
Credit: Wibbitz Top Stories Duration: 01:31Published
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.
Credit: euronews (in English) Duration: 01:00Published
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