Saudi Arabia has cut oil production by 2 to 2,5 million barrels per day, while the United Arab Emirates has cut its output by 500.000 – 800.000 barrels per day, Bloomberg News reported on Tuesday.
Kuwait also reduced its production by half a million barrels per day and Iraq by about 2,9 million barrels, the report added, citing people familiar with the matter.
Reuters was unable to immediately verify the report.
