According to Dow Jones, OPEC officials told the Wall Street Journal that Saudi Arabia wants to cut more crude oil exports to raise oil prices. OPEC officials said the Arab plan to reduce crude oil exports to 7.1 million barrels a day by the end of January to boost oil prices, thereby increasing the cost of large-scale government spending. OPEC officials said Saudi Arabia would reduce crude oil exports by up to 800,000 barrels a day on November last year.