Saudi Arabia plans to increase oil output amid recovery in prices

Capt. John

Saudi Arabia plans to increase oil output in the coming months, reversing a recent production cut, the Wall Street Journal reported on Wedn¬esday, citing advisers to the country. The world’s largest oil exporter surprised oil markets last month when it said it would unilaterally slash 1 million barrels a day of crude production in February …

The post Saudi Arabia plans to increase oil output amid recovery in prices first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/saudi-arabia-plans-to-increase-oil-output-amid-recovery-in-prices/

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