Saudi Arabia to trim oil exports further in February
Saudi Arabia plans to lower its shipments further in February. Saudi Energy Minister Khalid al-Falih told a news conference in Riyadh on Wednesday that the kingdom would export 7.1mn barrels per day (mbpd) in February, down from 7.2mbpd in January. He also said Saudi Arabia was producing 10.20mn bpd, delivering on an earlier pledge to cut output further.
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