OPEC Oil Data Show 3 Million-Barrel Shortfall on Saudi Supply Squeeze
- Fourth-quarter deficit may be the biggest in more than decade
- Saudis, Russia have extended extra supply curbs to end of 2023
This article is for subscribers only.
Sign up for our Middle East newsletter and follow us @middleeast for news on the region.
Global oil markets face a supply shortfall of more than 3 million barrels a day next quarter — potentially the biggest deficit in more than a decade — as Saudi Arabia extends its production cuts.