Tag: producer

Saudi Arabia cutting oil production, but not other OPEC members : Kemp

Saudi Arabia cutting oil production, but not other OPEC members : Kemp

Compliance excluding Saudi Arabia, Kuwait averaged just 50% in January By John Kemp LONDON –┬áSaudi Arabia and its Gulf allies have accounted for almost all the production cuts delivered by OPEC so far as the kingdom resumes its familiar role as swing producer. Saudi Arabia cut production by 564,000 barrels per day in Jan., or […]

By January 31, 2017 0 Comments Read More →