Aramco said to cut crude supplies in September: report

08/08/2017 Argaam

State oil giant Saudi Aramco plans to cut crude oil supplies to its clients around the world by at least 520,000 barrels per day (bpd) in September, Reuters reported citing sources familiar with the matter.

 

Saudi Arabia, the largest crude oil exporter in the world, has vowed to cut output by 486,000 bpd under the OPEC and non-OPEC agreement to cut output.

 

Sources also said that the Kingdom will cut oil supplies to most of its Asian clients by up to 10 percent in September. 

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