Saudi to keep up cuts

15th Nov 2006, 05:25 GMT

Saudi Arabia will maintain its share of oil production cuts under an Opec deal until the end of the year, according to sources cited by Reuters. The US and Europe are expected to bear the brunt of cuts, as the world's largest producer is expected to ship more oil to Asian refiners. Saudi is taking 380,000 bpd off the market under the deal. [AMEInfo.com]