Published : 10 Mar 2026, 08:28 PM
Updated : 21 Aug 2026, 03:27 PM
Saudi Arabia has lowered oil output by between 2 million and 2.5 million barrels a day, and the United Arab Emirates has cut its output by 500,00-800,000 barrels a day, Bloomberg News reported on Tuesday.
Kuwait has also cut output by half a million barrels a day, and Iraq by about 2.9 million, the report added, citing people with knowledge of the matter.
Reuters could not immediately verify the report.
