The World’s largest oil exporter Saudi Aramco <2222.SE> has reduced the volume of July-loading crude that it will supply to at least four buyers in Asia, five sources said on Monday. The move followed a deal struck by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to keep production cuts of 9.7 million barrels per day, or 10% of pre-coronavirus world demand, until the end of July.
