Byusnewsr1-

Jan 19, 2021

India blames declining Saudi oil production for soaring oil prices

India blames declining Saudi oil production for soaring oil prices

India, the world’s third-largest importer and consumer of oil, complained on Tuesday that recent production cuts in some OPEC countries had created uncertainty for customers and spiked prices. Saudi Arabia, the top exporter, has pledged additional voluntary production cuts of 1 million barrels per day (bpd) in February and March as part of an agreement […]
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