Home Saudi Official: Considering extending deeper-than-agreed oil cuts into April

Saudi Official: Considering extending deeper-than-agreed oil cuts into April

Updated: 11 Mar. 2019 | 10:02

Bloomberg and Reuters quote a Saudi Arabia official, as saying that Saudi Arabia is reportedly considering extending deeper-than-agreed oil cuts into April.

Additional Comments:

Saudi Arabia plans to cut April crude oil exports to below 7 million bpd.

That comes despite strong demand.

Will keep oil production “well below” 10 million bpd.

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