Saudi Arabia cuts additional 50k b/d unilaterally to defend quota hike

To counterbalance the perceived oversupply from OPEC’s quota hike, Saudi Arabia will announce an additional 50,000 barrels per day cut in production starting August 2026. This move aims to stabilize prices and demonstrate leadership in quota enforcement.

macro · Prediction Market

Implied probability (Yes)

68%

Closes

2026-08-01

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