Saudi Arabia will cut oil exports in April

With the intention of reducing oil production, Saudi Arabia predicts cutting in April of its exports to less than 7 million bpd, which is significantly below the total produced, 10 million bpd.

Although the demand for supply is large, the yield of March and the following month will be around 7.6 million bpd. According to the state-owned Saudi Aramco, for the next month the oil reserves have 635,000 bpd.

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