Saudi Arabia proposes further cut in oil production under OPEC + deal: sources

Saudi Arabia proposes further cut in oil production under OPEC + deal: sources

Saudi Arabia offered to voluntarily cut oil production in February in a bid to persuade other OPEC + producers to remain stable, fearing further coronavirus lockdowns would hit demand. Two OPEC sources said Saudi Arabia made the offer Tuesday at a meeting of OPEC +, which brings together OPEC producers and others, including Russia, after […]
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