Mubasher TV
Contact Us Advertising   العربية

Saudi oil output exceeds 10m bpd in May

Saudi oil output exceeds 10m bpd in May
Saudi oil output exceeds 10m bpd in May

Riyadh – Mubasher: Saudi Arabia told the Organization of the Petroleum Exporting Countries (OPEC) that it had raised its oil production a little more than 10 million barrels per day (bpd) in the previous month, an informed source stated.

The kingdom has exceeded its stake of output cuts in an OPEC-led oil supply pact, Reuters reported on Monday.

In April, Saudi crude oil output hit 9.868 million bpd, down from OPEC’s target estimated at 10.058 million bpd.