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Saudi Confirms 1mn bpd Cuts Till Year End

OIL

*SAUDI WILL CONTINUE VOLUNTARY CUT OF 1 MLN B/D UNTIL DEC. – bbg

  • That's confirmation from Saudi Arabia and not new policy - they'd confirmed back at the beginning of September: "Saudi Arabia will extend its voluntary cut of one million barrels per day for another three months until the end of December 2023, state news agency SPA"

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