Skip to content

Saudis Deliver on More Output

Wall St Journal, 14 July 2011

Saudi Arabia is delivering on its promise to unilaterally boost oil production in response to OPEC's failure to agree to a collective output increase last month, according to the International Energy Agency. The IEA said the kingdom's oil production had increased substantially last month, up 700,000 barrels a day to 9.7 million barrels a day—the highest monthly level since February 2006. The agency, which advises industrialized nations

css.php