Saudi Arabia Says It Slashed December Oil Production By 300,000 Bpd

Via Tsvetana Paraskova in oilprice.com : OPEC’s largest producer and de facto leader, Saudi Arabia, told the cartel that its December crude oil production dropped by nearly 300,000 bpd from November to 9.594 million bpd, a much steeper decline than OPEC’s secondary-sources estimate of an 111,000-bpd fall, the organization’s Monthly Oil Market Report (MOMR) showed on Wednesday.





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