Saudi Arabia vows extra cuts as Opec+ agrees small rise in oil output

Tuesday's deal including Saudi Arabia's voluntary reduction will widen the Opec+ cuts to 8.125 million barrels per day in February before they narrow to 8.05 million in March

Saudi Energy Minister Prince Abdulaziz bin Salman al-Saud
Saudi Energy Minister Prince Abdulaziz bin Salman al-SaudPhoto: REUTERS/SCANPIX
Published 5 January 2021, 18:09Updated 6 January 2021, 09:35