Saudi Arabia Cuts Oil Exports
Saudi Arabia has cut oil exports sharply this month.
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Saudi Arabia has cut oil exports sharply this month.
Expected to cap further increases on Wednesday, OPEC's crude production rose to a two-year high last month as Persian Gulf members followed through on a pledge to relieve tight global markets.
President Joe Biden will leave the Middle East this week with no announcements on increasing oil supply before a scheduled meeting of producers next month, people familiar with the matter said.
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