VIENNA, Austria (Bloomberg) -- OPEC said Saudi Arabia led declines in the group’s oil output last month, weeks before the 12 nations meet to decide whether to trim a global supply glut that drove crude prices into a bear market. Saudi Arabia’s production fell 69,900 bopd to a six-month low of 9.603 million, the Organization of Petroleum Exporting Countries said in a monthly report. The data are based on estimates from sources including analysts and media organizations. OPEC’s members pumped 30.253 MMbopd, a decrease of 226,400 bbl, the largest since March. There are signs of global economic recovery, it said.
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Saudi Arabia leads OPEC oil output lower as meeting looms
![Saudi Arabia leads OPEC oil output lower as meeting looms]()
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