Report: Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait have cut up to 6.7 million barrels per day of oil production

According to reports, Saudi Arabia, the United Arab Emirates, Iraq, and Kuwait have cut oil production by up to 6.7 million barrels per day. Among them, Saudi Arabia has reduced oil output by 2 to 2.5 million barrels per day, Iraq has cut crude oil production by approximately 2.9 million barrels per day, Kuwait has reduced oil production by about 500,000 barrels per day, and the UAE has cut oil output by approximately 500,000 to 800,000 barrels per day.