Quoted

“The cut in production, in reality, will be lower than 2 million because OPEC and its allies have been underproducing. In August, the coalition missed its targets by 3.58 million barrels per day. According to Saudi Energy Minister Abdulaziz bin Salman, the real cuts will be around 1 million bpd, and analysts put that figure even lower.”

[Quartz]





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