earthnewsreport.com
Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year - Earth News Report
Oil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output cuts by Saudi Arabia and Russia.David Mcnew | Getty Images News | Getty Images Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary oil production cut