Saudis To Make Deepest Cut To Crude Supply In November

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Saudi Aramco plans to make “the deepest customer allocation cuts in its history” in oil supplies in November to help reduce global inventories and balance the market. State-run Saudi Arabian Oil Co., known as Aramco, will make an “unprecedented” cut of 560,000 bpd in its allocations to customers next month, the Saudi energy ministry said…

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