Saudi Arabia announces cut in oil production

Saudi Arabia announces cut in oil production

Saudi Arabia announces cut in oil production

Saudi Arabia has announced a reduction in oil production for the next two months.

Saudi Arabia has announced a 1 million barrel reduction in oil production for February and March.

Oil prices have risen sharply since the Saudi announcement, and crude oil prices in the United States have risen more than 5 percent to ڈالر 50 a barrel.

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