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    HomeNewsOpinionA slowing Saudi economy has little choice but to cut production

    A slowing Saudi economy has little choice but to cut production

    Saudi Arabia finds itself in a catch-22 situation. Oil production cuts have slowed its economy, but weakening demand prospects aren’t giving the Kingdom the benefit of the cuts  

    Vivek Y Kelkar
    August 14, 2023 / 08:10 IST
    A slowing Saudi economy has little choice but to cut production

    While oil prices did rise in June and July on expectations of a China economic recovery, those don’t hold anymore

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