Reuters quoted an industry source, as saying that Saudi Arabia ramped up its oil production to an all-time high amid constant pressure from the US President Donald Trump to refrain from output cuts at the OPEC meeting to be held next week. The source said that the Saudi crude oil production hit 11.1-11.3 million barrels per day (bpd) in November, up around 0.5 million bpd – equal to 0.5% of global demand – from October and more than 1 million bpd higher than in early 2018, when the Kingdom was curtailing production together with other OPEC members. Trump tweeted last week: “So great that oil prices are falling (thank you, President T).” “Oil prices are getting lower… Thank you, Saudi Arabia, but let’s go lower”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China to lose more than the US in the trade war – Rabobank FX Street 4 years Reuters quoted an industry source, as saying that Saudi Arabia ramped up its oil production to an all-time high amid constant pressure from the US President Donald Trump to refrain from output cuts at the OPEC meeting to be held next week. The source said that the Saudi crude oil production hit 11.1-11.3 million barrels per day (bpd) in November, up around 0.5 million bpd - equal to 0.5% of global demand - from October and more than 1 million bpd higher than in early 2018, when the Kingdom was curtailing production together with other OPEC members. Trump tweeted last… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
