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Khalid al-Dabbagh

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Saudi Aramco Likely to Sustain Planned High Oil Output
March 17th, 2020 - 10:05 GMT

Saudi Aramco Likely to Sustain Planned High Oil Output

State oil giant Saudi Aramco said on Monday it was likely to sustain higher oil output planned for April through into May, and that it was “very comfortable” with a price of $30 a barrel. Aramco announced last week it would be raising its output in April to a record 12.3 million barrels per day. “In a nutshell, Saudi Aramco can sustain the very low price and can sustain it ...
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