Saudi Arabia to Lose Top Spot in OPEC+

  • Date: 13-Jul-2023
  • Source: The Wall Street Journal
  • Sector:Oil & Gas
  • Country:Saudi Arabia
  • Who else needs to know?

Saudi Arabia to Lose Top Spot in OPEC+

The kingdom is set to fall below Russia as the largest oil producer in the alliance as its production cuts begin to bite, tightening the oil market just as prices appear to be turning higher, the International Energy Agency said.

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