Saudi Arabia won’t reduce oil production in the coming three months even if oil prices continue to drop, Asharq al-Awsat newspaper reported, citing unidentified people aware of the country’s output plans.
The desert kingdom’s daily rate of crude production will range from 9.7 million to 10 million barrels in the next three months, the London-based pan-Arab daily said, citing the people. These levels are similar to the country’s pumping rate of the past few months, it said.
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