Saudi Arabia under global pact cuts oil output to 9.65 mn bpd in May
- Country:
- Saudi Arabia
Saudi Arabia pumped 9.65 million barrels of oil per day (bpd), cutting deeper than its production target under a global pact to reduce oil supply, a Saudi oil industry source said on Monday. The world's top oil exporter's output target under an OPEC-led supply cut agreement is 10.3 million bpd.
(With inputs from agencies.)
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