Saturday, June 11, 2011

SAUDI ARABIA INCREASES DAILY OIL OUTPUT TO 10 MILLION BARRELS

Saudi Arabia aims to boost its July crude output to 10 million barrels per day. (File Photo)
Top oil exporter Saudi Arabia, which said this month it was backing a proposal to raise crude output, will boost its production in July to 10 million barrels per day (bpd), al-Hayat newspaper reported on Friday.