ICYMI – Saudi Arabia produced just below its OPEC+ target in December, oil exports steady | Forexlive

Media report overnight, citing an unnamed Saudi official.

• Saudi Arabia kept oil exports steady in December
• produced just below its OPEC+ target of 10.48 million barrels a day

The official said Saudi Arabia maintained its oil shipments unchanged from November as it carried out the terms of an OPEC+ deal meant to stabilise the global crude markets.

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OPEC+ will hold a monitoring meeting on February 1. The next full OPEC and non-OPEC Ministerial Meeting is scheduled for 4 June 2023.