Higher gas prices possible as Saudi Arabia cuts oil supply

Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers

FRANKFURT, Germany (AP) -- Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push oil higher. The Saudi cut of 1 million barrels per day, to start in July, comes as the other OPEC+ producers agreed in a meeting in Vienna to extend earlier production cuts through next yea…

Saudi Arabia slashing oil supply which could mean higher gas prices for U.S. drivers - Creston Valley Advance

The Saudi cut of 1 million barrels per day is set to start in July

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The Saudi cut of 1 million barrels per day is set to start in July

Saudi Arabia slashing oil supply which could mean higher gas prices for U.S. drivers - Grand Forks Gazette

The Saudi cut of 1 million barrels per day is set to start in July

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The Saudi cut of 1 million barrels per day is set to start in July

Saudi Arabia slashing oil supply which could mean higher gas prices for U.S. drivers - Houston Today

The Saudi cut of 1 million barrels per day is set to start in July