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Saudi Energy Minister Prince Abdulaziz bin Salman has stated that the current OPEC+ deal on oil output would be locked in until the end of the year, adding that he has remained cautious about Chinese demand forecasts. OPEC+ agreed in October 2022 to cut oil production targets by 2 million barrels per day until the end of 2023. 

Saudi Energy Minister says OPEC+ deal will continue until end of year

Saudi Energy Minister Prince Abdulaziz bin Salman has stated that the current OPEC+ deal on oil output would be locked in until the end of the year, adding that he has remained cautious about Chinese demand forecasts. OPEC+ agreed in October 2022 to cut oil production targets by 2 million barrels per day until the end of 2023. 

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