<p>Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, the state news agency SPA said on Thursday.</p>.<p>The agency cited an official source at the ministry of energy as saying the cut can be "extended, or extended and deepened".</p>.<p>The kingdom's production for September will be approximately 9 million barrels per day (bpd), the source said.</p>.<p>"This additional voluntary cut comes to reinforce the precautionary efforts made by OPEC+ countries with the aim of supporting the stability and balance of oil markets," the agency quoted the source as saying.</p>.<p>At its last policy meeting in June, OPEC+ agreed on a broad deal to limit supply into 2024, and Saudi Arabia pledged a voluntary production cut for July that it has since extended to include August.</p>.<p>A panel from OPEC+, which includes members the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, is meeting on Friday.</p>.<p>The Joint Ministerial Monitoring Committee is unlikely to tweak oil policy during the meeting, sources have said.</p>
<p>Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, the state news agency SPA said on Thursday.</p>.<p>The agency cited an official source at the ministry of energy as saying the cut can be "extended, or extended and deepened".</p>.<p>The kingdom's production for September will be approximately 9 million barrels per day (bpd), the source said.</p>.<p>"This additional voluntary cut comes to reinforce the precautionary efforts made by OPEC+ countries with the aim of supporting the stability and balance of oil markets," the agency quoted the source as saying.</p>.<p>At its last policy meeting in June, OPEC+ agreed on a broad deal to limit supply into 2024, and Saudi Arabia pledged a voluntary production cut for July that it has since extended to include August.</p>.<p>A panel from OPEC+, which includes members the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, is meeting on Friday.</p>.<p>The Joint Ministerial Monitoring Committee is unlikely to tweak oil policy during the meeting, sources have said.</p>