UPDATE 1-Saudi Arabia keeps July oil output below 10 mln bpd- Saudi source - Reuters:
Saudi Arabia’s oil production fell to 9.6 million barrels per day in July and will stay below 10 million bpd in the coming months, a Saudi oil source told Reuters on Wednesday.
Saudi’s July crude output is lower than its June production by around 200,000 bpd, the source said.
“We believe now after talking with customers and consumers that the market is getting tighter, as we see that the U.S. commercial stocks are going down,” the source said.
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