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Environment

Saudi Arabia oil cuts

On Jan. 5, Reuters was 15 minutes ahead of the competition reporting that Saudi Arabia will make voluntary cuts to its oil output. The Saudi Energy Minister confirmed the output cut plans an hour later.

Market Impact

Oil prices climbed nearly 5% on the news.



Article Tags
Topics of Interest: Environment
Type: Reuters News First
Sectors: Commodities & Energy
Regions: Middle East
Countries: Saudi Arabia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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