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Saudis cut oil output to lowest in two years

petroleum1
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Saudis cut oil output to lowest in two years

#22610

Postby petroleum1 » January 12th, 2017, 7:50 pm

http://www.reuters.com/article/us-saudi ... SKBN14W1Y5
Saudi Arabia announced:
output was "not significantly below" 10 million bpd currently and the Kingdom planned to make even deeper cuts in February.
Saudi Arabia has cut oil production by more than the 486,000 bpd it agreed to late last year

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