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Saudi to slash oil exports by 800,000 bpd: Minister

AFP  |  Riyadh 

kingpin will slash its in January by 10 percent compared to November, the minister said Wednesday.

said the kingdom, the world's top crude supplier, would cut its output to 7.2 million barrels per day in January, from 8.0 million bpd in November, with a further 100,000 bpd cut in February.

and its allies decided last month to cut their overall output by 1.2 million bpd starting January to shore up sliding prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 09 2019. 22:10 IST
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