Saudi Arabia to lower oil output by additional 1 million bpd in June

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Saudi Arabia to lower oil output by additional 1 million bpd in June

Saudi Arabia's energy ministry has directed Aramco to reduce its crude oil production by an extra voluntary amount of one million barrels per day in June, a ministry official said on Monday, per Reuters.

(kedaitrader.com)

Impact : Medium

Sentiment : Good for Oil Price

 

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