Oil Prices Swing After Saudi Arabia Deepens Supply Cuts
- Date: 11-May-2020
- Source: The Wall Street Journal
- Sector:Oil & Gas
- Country:Saudi Arabia
Oil Prices Swing After Saudi Arabia Deepens Supply Cuts
The swings came after the Saudi news agency said the kingdom will lower its June oil supply to 7.5 million barrels a day, adding another 1 million barrels a day to its existing production cuts. Global production cuts are driving bets on long-term supply shortages after the world reopens for business.. Kohl's: 30% off garden with Kohl's promo code.
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