Saudi Arabia unilaterally reduces output, oil prices rise
Jun 06, 2023
Riyadh [Saudi Arabia], June 6: Oil prices in the morning session of June 5 in Asia soared after Saudi Arabia's decision to cut another 1 million barrels per day, despite the Organization of the Petroleum Exporting Countries (OPEC) and some partners, usually collectively known as the OPEC + group, agreed to keep output unchanged until the end of the year, according to CNBC.
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