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Saudi
Arabia, Iraq, UAE, Kuwait Implement Reductions in Daily Oil Output
Singapore,
10 Mar 2026 (ONA) — The Kingdom of Saudi Arabia (KSA) has curtailed its crude
oil production by an estimated 2 million to 2.5 million barrels per day, while
the United Arab Emirates (UAE) has reduced output by approximately 500,000 to
800,000 barrels daily, Bloomberg reported today.
Citing
informed sources, the report further revealed that Kuwait has lowered its
production by 500,000 barrels per day, with Iraq implementing substantial cuts
reaching around 2.9 million barrels per day.
—
Ends/Khalid
