Saudi Arabia said they'll be putting their oil wells on a diet starting in May — yep, you heard it right, they'll be cutting production by 500,000 barrels per day until the end of 2023. Saudi Arabia described the move as "precautionary", aimed at stabilizing the oil market. Are you worried about the price of gas increasing again? Get our 3 min daily newsletter on what matters in finance. Where everyday investors get their news: dailymarketbriefs.com/
Vincent Chan
Saudi Arabia said they'll be putting their oil wells on a diet starting in May — yep, you heard it right, they'll be cutting production by 500,000 barrels per day until the end of 2023. Saudi Arabia described the move as "precautionary", aimed at stabilizing the oil market. Are you worried about the price of gas increasing again? Get our 3 min daily newsletter on what matters in finance. Where everyday investors get their news: dailymarketbriefs.com/
2 years ago | [YT] | 35