Saudi
The Saudi Cabinet declares its solidarity with the OPEC+ allies and other oil producers to stabilize the oil markets

The Council of Ministers in the Kingdom of Saudi Arabia stated on Tuesday, April 21, 2020, that the Kingdom is monitoring oil markets and is ready to take additional measures to achieve stability in...

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Saudi Arabia cuts its production to 8.5 million barrels per day in May 2020

A few days ago, Saudi Aramco sources said that they would cut production to 8.5 million barrels per day during May 2020, as part of OPEC+ agreement with Russia and other major oil producers.  Under...

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