Saudi Arabia To Raise Oil Output In July
Will it change anything?
AFP
Saudi Arabia is to raise its oil production by 200,000 barrels in July in response to heightened demand, UN Secretary General Ban Ki-moon said Sunday after meeting with the country’s oil minister.
“The Saudis did increase production in June by 300,000 barrels. For the month of July, it will be an increase of 200,000 barrels in response to requests from customers,” Ban told reporters on board a plane from Jeddah to London, citing his talks with Saudi oil minister Ali al-Naimi.
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