CNBC | Saudi Arabia cuts oil production despite OPEC agreement to hike ... CNBC OPEC's oil production ticked higher in July, but cuts by top exporter Saudi Arabia weighed on the 15-member group's output just one month after it agreed to ... Oil Tumbles on Reignited Oversupply Fears, Dollar Strength OIL PRICE CRISIS: Saudi Arabia CUTS OIL PRODUCTION as US oil prices drop Saudi Arabia trims oil production despite vow to increase output |