Saudi Aramco receives directive to increase maximum sustainable capacity to 13 mil bpd

Author: Justin Low | Category: News

That is up from 12 mil bpd before this

The firm says they are to raise production capacity to 13 mil bpd and will exert 'maximum efforts' to implement the directive from the Ministry of Energy as soon as possible.

Oil has already eased from earlier gains above $36 to $34.50 currently and the latest developments here won't provide much added comfort on the day.

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