Saudi Arabia has announced voluntary cuts of crude production in February and March to help Opec+ reach a supply deal, a surprise move set to dampen tanker markets.
With persistent oil demand worries, Saudi energy minister Prince Abdulaziz bin Salman Al Saud told a press conference on Tuesday that the de facto leader of Opec will reduce output by 1m barrels per day (bpd) to about 8.13m
