Saudi Arabian oil exports to drop in May as demand slides

Saudi Arabian oil exports to drop in May as demand slides
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12.05.2020

MOSCOW (MRC) -- Saudi Arabia's crude oil exports in May are expected to drop to about 6 million barrels per day (bpd), the lowest in almost a decade, and domestic refining output is likely to fall as the coronavirus crisis hits demand, reported Reuters with reference to industry sources and analysts.The world's top oil exporter will cut crude production by 23% to about 8.5 million bpd in

Full article at mrcplast.com

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