Saudi Cabinet Commends Voluntary Production Cuts To Support Oil Market Stability
Category:
Saudi Arabia
The Saudi Cabinet praises voluntary production cuts implemented to ensure stability in the oil market.
These precautionary measures were agreed upon at the 35th ministerial meeting of OPEC+ countries, emphasizing Saudi Arabia's commitment to supporting balance and stability in the oil industry.
Chaired by Crown Prince and Prime Minister Mohammed bin Salman, the Cabinet session also discussed bilateral relations, international cooperation efforts, advancements in space technology, and initiatives to enhance services provided to citizens.
Furthermore, important decisions were made regarding water sustainability projects, population data analysis, and organizational transfers.
07 Jun, 2023
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