saudi output Archive
OPEC February Crude Output Down 770,000 Bbl/Day to 27.775 Million
[Skip to the end] The Saudis are back to being swing producer as they set price and let output adjust. World inventories are estimated to be falling by over 1.4 million barrels per day, as confirmed by the contango quickly fading to backwardation as we pass the ‘roll period’ for the passive
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