The biggest oil deficit since 2007 will hit in the 4th quarter as Saudi Arabia cuts supply

Tech Insider : Economy
oil worker barrels
A worker prepares to transport oil pipelines to be laid for the Pengerang Gas Pipeline Project at an area 40km (24 miles) away from the Pengerang Integrated Petroleum Complex in Pengerang, Johor, Malaysia.

Reuters/Edgar Su

Oil prices soar to 10-month high as Russia and Saudi Arabia commit to slash production for longer

Tech Insider
oil rig

Andrew Burton/Getty Images

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