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2020-02-03 12:15:00

SAUDI ARABIA'S OIL PRODUCTION 9.744 MBD

SAUDI ARABIA'S OIL PRODUCTION 9.744 MBD

PLATTS - Saudi Arabia produced 9.744 million b/d of crude oil in January, in line with its promise to keep output 400,000 b/d below its new OPEC+ quota, a Saudi oil industry source said Sunday.

The kingdom plans to produce 9.744 million b/d in February as well, the country's energy minister Abdulaziz bin Salman told reporters last month. The kingdom produced 9.6 million b/d in December, according to its self-reported figures in OPEC's January monthly oil report.

Saudi Arabia over-complied with its quota of 10.31 million b/d last year under…

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Tags: SAUDI, ARABIA, OIL, PRODUCTION
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