Saudi economy could contract in 2023 following oil output cut: Analysts

The kingdom's energy ministry said on Sunday the country would cut its oil output to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years as the country and other producers seek to shore up flagging oil prices.

from International-News-Economic Times https://ift.tt/zqQbxyF

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