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Saudi Arabia reduces its oil production
Saudi Arabia, Economics, 3/23/1998
Saudi Arabia decided to reduce its oil production at a rate of 300,000 barrels a day as of April 1, 1998 according to a statement released by the Saudi Ministry of Oil and Mineral Resources.
Previous Stories:
Saudi Arabia concerned over oil price reduction
(2/21/1998)
Gulf states wait and see as oil prices tumble
(1/31/1998)
Gulf Cooperation Council countries to develop oil refineries
(12/24/1997)
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