He also said Saudi Arabia would pump about 10.2 million bpd in January, down from about 10.7 million bpd in December. Shipments of Saudi crude oil will fall by one million barrels per day (bpd) in January to about 10.7 bpd, according to sources. Meanwhile, oil production will fall to 7.3 million bpd in January , down from about 10.7 bpd in January , said Saudi energy minister, Khalid al-Falih . The forecasts followed an agreement by Maher Chmaytelli Editing and its allies, including Russia , to cut oil production in order to support prices, despite President Donald Trump 's desire to reduce the price of crude.
Shipments of Saudi crude oil will fall by one million barrels per day (bpd) in January to about 10.7 bpd, according to sources. Meanwhile, oil production will fall to 7.3 million bpd in January , down from about 10.7 bpd in January , said Saudi energy minister, Khalid al-Falih . The forecasts followed an agreement by Maher Chmaytelli Editing and its allies, including Russia , to cut oil production in order to support prices, despite President Donald Trump 's desire to reduce the price of crude.