Saudis cut oil production again after testy OPEC+ meeting

Saudi Arabia has announced a significant reduction in oil production after a tense meeting between the Organization of the Petroleum Exporting Countries (OPEC) and its Russia-related satellites on Sunday. The Kingdom of Saudi Arabia revealed plans to cut its oil output by 1 million barrels per day for the month of July. The new reduction … Continue reading Saudis cut oil production again after testy OPEC+ meeting