Thu, Oct 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Regulatory more

Saudi Arabia could cut production in February below Opec target

Posted on 12 January 2009

From Gulf-news.com: Top exporter Saudi Arabia plans to cut oil output by up to 300,000 barrels per day (bpd) below its agreed Opec target - a proactive step to prop up a collapsing market, industry sources said on Sunday.

The most influential member of the Organisation of the Petroleum Exporting Countries (Opec) has lowered supply this month to eight million bpd, meeting its target under Opec’s pact to reduce overall production by a record amount from January 1….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37241 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031