Saudi Arabia Wants Record Oil Output Cuts To Last Till End 2020

Saudi Arabia and several other members of OPEC are discussing the possibility of extending the current level of OPEC+ production cuts to the end of the year to support the market, but Russia could be the stumbling block again, Reuters reported on Thursday, citin8ug sources at OPEC+ and i9Russia’s oil industry.   The OPEC+ group pledged in April production restrictions of 9.7 million bpd in May and June, before easing the cuts to 7.7 million bpd for July through December. According to Reuters’ sources, Saudi Arabia would…