Dad’s Mad: Saudis Frustrated With Lack Of OPEC Compliance

Saudi Arabia agreed to take one for the team this weekend and volunteered to cut another 1 million barrels per day off its crude oil production to keep the market in check—and to punish short sellers. But Saudi Arabia’s Energy Minister has had it up to here with other OPEC members failing to meet their production quotas month after month, according to Bloomberg. Saudi Arabia’s Energy Minister also spoke out against Russia’s lack of transparency when it comes to crude oil production. Saudi Arabia’s extra 1 million bpd…