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Saudi Arabia is informing its customers of cuts to their January crude oil supplies

Reuters report that Saudi Arabia is informing its customers of cuts to their January crude oil supplies to comply with the latest OPEC agreement

  • Cuts will be to varying degrees
  • Likely to be larger to North America (due to lower margins)

Reuters citing a PIRA note (PIRA is an oil research firm)

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A bit of oil news ... it may well be old news to oil traders

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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