Is Saudi Output Cut a Response to U.S. Oil Boom?

January 26, 2013 by  
Filed under FX News

Reduction a Surprise Given Iran Sanctions
Some want but can’t; some can but
won’t — This is how we can best describe the current OPEC crude supplies, according to Petromatrix
GmbH, a Switzerland-based consultant. Saudi Arabia’s production in December was down about 800,000
barrels compared with the same month in 2011, a decline similar to that of Iran, which More >

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