<p>Saudi Arabia has pledged a new voluntary oil output cut of 1 million barrels per day for July, which could be extended further, its energy ministry said on Sunday. </p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/international/opec-unlikely-to-agree-bigger-oil-cuts-on-june-4-1224310.html" target="_blank">OPEC+ unlikely to agree bigger oil cuts on June 4</a></strong><br /> </p>.<div><p><strong>Deccan Herald is on WhatsApp Channels</strong>| <a href="https://www.deccanherald.com/specials/deccan-herald-is-now-on-whatsapp-heres-how-you-can-join-2698271">Join now for Breaking News & Editor's Picks</a></p></div>
<p>Saudi Arabia has pledged a new voluntary oil output cut of 1 million barrels per day for July, which could be extended further, its energy ministry said on Sunday. </p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/international/opec-unlikely-to-agree-bigger-oil-cuts-on-june-4-1224310.html" target="_blank">OPEC+ unlikely to agree bigger oil cuts on June 4</a></strong><br /> </p>.<div><p><strong>Deccan Herald is on WhatsApp Channels</strong>| <a href="https://www.deccanherald.com/specials/deccan-herald-is-now-on-whatsapp-heres-how-you-can-join-2698271">Join now for Breaking News & Editor's Picks</a></p></div>