Saudi cut to preserve oil market deficit as demand falters
Saudi Arabia’s voluntary oil production cut will bring the oil market into deficit for most of 2021 despite demand being battered by the spread of COVID-19. The announcement boosted oil prices to an 11-month high.
Saudi cut to preserve oil market deficit as demand falters
Saudi Arabia’s voluntary oil production cut will bring the oil market into deficit for most of 2021 despite demand being battered by the spread of COVID-19. The announcement boosted oil prices to an 11-month high.
