Saudi oil production to exceed 10 mln bpd in December, says Al Arabiya

Representative image. Credit: Reuters File Photo

Saudi oil production will exceed 10 million barrel per day (bpd) in December, for the first time since the coronavirus pandemic, Saudi-owned Al Arabiya TV said on Thursday.

OPEC and its allies agreed at a meeting on Thursday to stick to plans to raise oil output by 400,000 bpd, sources said, despite calls from the United States for extra supply to cool rising prices.

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