CAIRO, April 2 (Reuters) - Saudi Arabia's energy
ministry said on Sunday that the kingdom is voluntarily cutting
its oil production by 500,000 barrels per day from May until the
end of 2023, according to state media.
The energy ministry emphasised in a statement that the cut
was a precautionary measure aimed at supporting the stability of
the oil market.
(Reporting by Adam Makary; Editing by Hugh Lawson)
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