Back
12 Apr 2017
Saudi Arabia said to cut oil output to lowest since January - BBG
Bloomberg quoted a person with knowledge of the data late-Tuesday, noting that Saudi Arabia cut its oil production last month to the lowest since January, staying below the output level it pledged to maintain as part of a global deal to reduce crude supplies
According to the source, Saudi cut output by 111,000 barrels a day last month to 9.9 million a day.