By Walter Grand in Politic —

Saudi Arabia cuts oil production by 84,000 bpd

Saudi Arabia cuts oil production by 84,000 bpd
Photo by Ishan @seefromthesky / Unsplash

OPEC's total oil production fell by 210,000 bpd. OPEC also cut global oil demand growth by 100,000 bpd.
According to OPEC, the world economy is entering a period of severe uncertainty.

Oil prices may react to such news by rising.