Saudi Arabia extends oil production cut, may deepen output reduction

Crude prices rebound after kingdom and Russia announce September moves

JMMC chairman: Saudi Arabia Minister of Energy Prince Abdulaziz bin Salman arrives for the June 2023 Opec meeting in Vienna.
JMMC chairman: Saudi Arabia Minister of Energy Prince Abdulaziz bin Salman arrives for the June 2023 Opec meeting in Vienna.Photo: REUTERS/SCANPIX
Published 4 August 2023, 03:41Updated 4 August 2023, 12:08