Home Saudi OilMin Al-Falih: Saudi oil production in Nov. higher than Oct. level

Saudi OilMin Al-Falih: Saudi oil production in Nov. higher than Oct. level

Published date: 22 Nov. 2018 | 15:25

Saudi Arabia Energy Minister – Khalid Al-Falih, was out on the wires in the last hour saying that there isn’t any slowdown in production and we pumped more oil in November than in October.

Key quotes:

“¢ Current Saudi oil output is above 10.7 mbpd, higher than in the past.
“¢ Will respond to market demand for oil.
“¢ Won’t flood the market with supply.
“¢ Will work towards a balanced oil market.

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