Saudi cut to boost oil market destocking, even as demand weakens
Saudi cut to boost oil market destocking, even as demand weakens
LONDON (Reuters) – Saudi Arabia’s voluntary cut in oil production is expected to lead to an oil market deficit for most of 2021, even as new lockdowns to contain the spread of oil demand against coronaviruses, according to analysts. FILE PHOTO: General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi […]
The post Saudi cut to boost oil market destocking, even as demand…