Saudi Arabia, the world's top oil exporter, appears to have cut both production and export in...

|By:, SA News Editor

Saudi Arabia, the world's top oil exporter, appears to have cut both production and export in December, according to an industry report. For the third month in a row, and for reasons unknown, the report provided no details for the United Arab Emirates, which is pegged as a possible replacement source for at least some of Iran's crude.