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Aug 04, 2023Saudi cabinet reaffirms support for OPEC+ precautionary measures to stabilise oil market
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File Photo Acquire Licensing Rights
DUBAI, Aug 8 (Reuters) - Saudi Arabia's cabinet said on Tuesday that it reaffirms its support for precautionary measures by the Organization of Petroleum Exporting Countries and its allies, known as OPEC+, to stabilise the oil market, state media reported on Tuesday.
Reporting by Nayera Abdallah; Writing by Nadine Awadalla; Editing by Louise Heavens
Our Standards: The Thomson Reuters Trust Principles.
Impala Platinum said it is boosting its metals output forecast for the 2023/24 full year as it benefits from assets recently acquired from Royal Bafokeng Platinum, even as its profits were hit by lower prices.