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https://www.wsj.com/articles/saudi-arabia-some-opec-members-clash-over-oil-production-quotas-87f43f0c

Saudi Arabia Cuts Oil Output After OPEC Members Clash Over Quotas

Riyadh and some other producers also extend earlier voluntary curbs

By Benoit Faucon
 and Summer Said
Saudi Oil Minister Prince Abdulaziz bin Salman increasingly makes OPEC’s big output decisions, say cartel delegates. Saudi Arabia plans a voluntary production cut of 1 million barrels of oil a day. Photo: Max Brucker/EPA-EFE/Shutterstock

VIENNA—Saudi Arabia said Sunday it would cut 1 million barrels of oil a day as part of a deal between OPEC and its allies after one of the most contentious production meetings in recent years amid concerns over slowing global energy demand.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.