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Saudi Arabia increases oil supply to market

: Tuesday, February 11 - 2014 @ 07:18

Saudi Arabia has produced 9.767 million barrels per day (bpd) of crude in January, down from 9.819 million in December, Reuters has reported, citing a Gulf-based industry source. The kingdom raised its supply to the market, however, to 9.916 million bpd from 9.897 million, the source said. “The market is really good, the market is stable, there is strong demand growth,” he said.

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Tuesday, February 11- 2014 @ 7:18 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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