Saudi Arabia will extend its production cuts into 2024 if they want prices to remain above $80 – ANZ
![Saudi Arabia will extend its production cuts into 2024 if they want prices to remain above $80 – ANZ Saudi Arabia will extend its production cuts into 2024 if they want prices to remain above $80 – ANZ](https://shmi.ir/wp-content/uploads/2023/11/Saudi-Arabia-will-extend-its-production-cuts-into-2024-if-150x203.jpg)
[ad_1] Share: Oil prices are likely to settle around $80/bbl, strategists at ANZ Bank report. Saudi Arabia may extend cuts as Oil market tightness eases Tightness in the Oil market has eased as growth in non-OPEC supply has more than offset strong demand. A balanced Oil market now remains reliant on production cuts