Council on Foreign Relations (blog) | Saudi Arabia Considers New Oil Production Cuts Amid Shrinking Budget Deficits Council on Foreign Relations (blog) In a sign that Riyadh would like to continue this robust economic health into 2019, Saudi Oil Minister Khalid Al-Falih on Sunday announced Riyadh's plans to cut crude exports by five hundred thousand barrels a day (b/d) next month. This effort would ... Oil Prices Pulled In Both Directions By These Surprise Factors Can OPEC Halt An Oil Market Meltdown? 'Duped,' 'tricked' and 'snookered': Oil analysts say Trump fooled Saudis into tanking crude prices |