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FINANCIAL NEWS
Saudi crude oil output remains unchanged
09 Dec 2013
(MENAFN) Saudi Arabia’s production of crude oil reached 9.745 million barrels per day in November compared to 9.75 million barrels per day in October, according to Arab News.
An industry source said: “Production is the same … supply was lower because of lower direct crude oil burning and also lower intake from domestic refineries.”
The Organization of Petroleum Exporting Countries approved the renewing plan of its 30 million barrel-a-day output cap for the six months of 2014.
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