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Oil prices drop

Update Saudi Arabia to cut oil production by additional 1 million bpd

Saudi Arabia to cut oil production by additional 1 million bpd

  • Voluntary cut for June is in addition to reductions already agreed with OPEC+ last month
  • Kuwait also announced additional cut for next month
By Frank Kane ·
Special From Middle East to USA, coronavirus impact transforms oil industry’s dynamics graphic

From Middle East to USA, coronavirus impact transforms oil industry’s dynamics

By Frank Kane ·
Saudi Arabia slashes oil prices after collapse of OPEC+

Saudi Arabia slashes oil prices after collapse of OPEC+

By Frank Kane ·

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