Saudis See Need to Cut Oil Output by 1 Million Barrels a Day
Natural gas is burned off near an oil pump jack just outside of Watford City, North Dakota, U.S. (Photographer: Matthew Staver/Bloomberg)

Saudis See Need to Cut Oil Output by 1 Million Barrels a Day

(Bloomberg) -- Saudi Arabia expressed the need for oil producers to cut 1 million barrels a day from October levels and announced fewer shipments from next month, as OPEC and its allies began layin...
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