| The International Energy Agency assumes Saudi Arabia's sustainable oil production capacity at just under 12 million b/d, the head of the IEA's Oil Industry and Markets Division said Monday.
"We assume Saudi Arabia's sustainable capacity at just under 12 million b/d. We struggle to get to 12.5 million b/d," David Fyfe said at the Middle East Petroleum and Gas Conference in Bahrain. "That is our view of what Saudi Arabia can do in a relatively short time," Fyfe said, adding that this assumed a 30-day time span...............................................Full Article: Source
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