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Saudi oil production falls to lowest level since 1990 amid Hormuz disruption
Saudi Arabia informed OPEC that its crude oil production dropped sharply in April to its lowest level since 1990, amid disruptions linked to the US-Israeli war against Iran and the closure of the S…
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oilprice.com
Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War | OilPrice.com
OPEC oil output has declined to its lowest level since 2000, with production falling by 830,000 barrels per day (bpd) to an average of 20.04 million bpd in April
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cnbc.com
Hormuz closure cuts OPEC oil production by 30% and threatens demand growth this year, cartel says
Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.
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middleeastmonitor.com
Saudi oil production falls to lowest level since 1990 amid Hormuz disruption
Saudi Arabia informed OPEC that its crude oil production dropped sharply in April to its lowest level since 1990, amid disruptions linked to the US-Israeli war against Iran and…