Re: Peak oil debate
Posted: Sun 04 Jun 2023, 15:34:12
Saudi Arabia to slash oil production again as OPEC+ extends supply curbs -cnn
“The Kingdom [of Saudi Arabia] will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day, starting in July for a month that can be extended,” the state-owned Saudi Press Agency said Sunday.
I read elsewhere, KSA produces 10 million barrels of oil per month, so one million is signifigant.
“The Kingdom [of Saudi Arabia] will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day, starting in July for a month that can be extended,” the state-owned Saudi Press Agency said Sunday.
I read elsewhere, KSA produces 10 million barrels of oil per month, so one million is signifigant.