Saudi Arabia, the "pillar of the backbone," is the only one to take on the main beam

Huitong Network3month3Daily News - Friday(3month3day)Saudi Arabia has always led the way as a "leading big brother"OPECMajor member states are implementing production cuts to gradually fulfill last year's goals11Monthly achievement8The first production reduction agreement in the year.

OPECUnexpectedly reduced production

FX678According to a Bloomberg News survey of analysts, oil companies, and ship tracking data, Saudi Arabia2Monthly and daily production reduction910000 barrels/Tianzhi97810000 barrels/Tian; This is Saudi Arabia(The largest in the worldcrude oilExporting country)Daily production below for the second consecutive month100610000 barrels/The goal of the day.

OPECThe results of the production reduction exceeded expectations, all due to Saudi Arabia's unique role as the "backbone" of the country

Overall,OPECmember state2The monthly and daily production has dropped to321710000 barrels/Heaven, with1month(The first month of implementing the production reduction agreement)Compared to a decrease of nearly6.510000 barrels/Days.OPECMember countries have implemented11The promised reduction in production at the Vienna Conference104% Mainly due to Saudi Arabia's production reduction exceeding expectations and targets.

The production reduction efforts of these countries have offset the increase in production in Iran, Nigeria, and Libya, which meansOPECmember state2The total monthly production remains at41.510000 barrels/Heaven, far higher than11month30The daily production reduction target.OPECOnly achieved the production reduction goal of easing global supply and demand contradictions and boosting crude oil prices70%。
crude oilhttp://news.fx678.com/news/keywords/oil.shtml