Tag: crude oil production

Energy, Industry Focus Areas

OPEC Production Plunges as Saudis Deliver Extra Oil Cutbacks

March 2, 2021

Via: Transport Topics

OPEC’s crude production plunged in February as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global supply glut. Output from the group fell by 920,000 barrels a day — the biggest drop in eight months — […]