YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Saudi Arabia, Russia extend oil production cuts through December

Posted online

Saudi Arabia and Russia are extending oil production cuts through the end of December.

“This additional voluntary cut comes to reinforce the precautionary efforts made by OPEC+ countries with the aim of supporting the stability and balance of oil markets," an unnamed Energy Ministry official said in a Saudi Press Agency report.

The move is slated to trim 1.3 million barrels of crude out of the global market, according to The Associated Press.

Read more from The Associated Press.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences