Sen. Cramer Issues Statement on Saudi Arabia to Reduce Its Oil Production in June
May 14, 2020
May 14, 2020
WASHINGTON, May 14 -- Sen. Kevin Cramer, R-North Dakota, issued the following statement on Saudi Arabia announcing it will reduce its oil production in June:
"It is nice seeing Saudi Arabia heed our call for additional action by reducing its oil production in June on top of the cuts in the OPEC+ deal.
"As American producers began cutting production in March and April, Saudi Arabia ramped up, greatly harming the industry before the OPEC+ deal went into effect . . .
"It is nice seeing Saudi Arabia heed our call for additional action by reducing its oil production in June on top of the cuts in the OPEC+ deal.
"As American producers began cutting production in March and April, Saudi Arabia ramped up, greatly harming the industry before the OPEC+ deal went into effect . . .