Saudis pushing for short-term OPEC production cut: WSJ - MarketWatch

Saudi Arabia is pushing for a drastic, short-term oil production cut in response to China's deadly coronavirus, The Wall Street Journal reported, citing OPEC officials. The report said, under one scenario, Saudi Arabia would lead a collective 500,000 barrels a day reduction until the crisis is over, and another option would involve a 1 million barrel a day drop. Brent crude futures edged higher on Monday.

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February 03, 2020 at 06:24PM
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Saudis pushing for short-term OPEC production cut: WSJ - MarketWatch
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