Oil production

Update Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to stabilize prices. (Reuters)

Saudi Arabia extends voluntary oil cut of 1m barrels per day until mid-2024

  • OPEC+ has implemented a series of output cuts since late 2022 to support the market
  • Saudi Arabia’s output will remain at around 9 million bpd
By Arab News ·

Update Saudi Arabia to continue 1 mbpd output cut until December

Saudi Arabia to continue 1 mbpd output cut until December

By Arab News ·

Luberef’s new facility to localize white oil production

Luberef’s new facility to localize white oil production

By Fahad Abuljadayel ·