SA reportedly to cut oil production in June


SA reportedly to cut oil production in June

Saudi Arabia reportedly is planning to cut oil production in June by extra 1 million barrels per day.

The national oil company Aramco has been directed to cut its crude oil production for June, Reuters reported, citing the country’s energy ministry official, according to Sputnik.

Due to oil price war, waged by Saudi Arabia, inflicting a heavy blow to the US oil companies and section,  US President Donald Trump has threatened Saudi Arabia by pulling out its troops from the kingdom.

Publish Date : 2020/05/13