13.05.2015 - Saudi April oil output hits record high
Saudi Arabia, the world's biggest exporter, increased its production of crude oil to a record high in April to meet demand from Asian buyers and to satisfy the needs of domestic power stations and refineries. The Kingdom pumped 10.308m barrels of oil a day last month, up from 10.294m b/d in March, according to information given by Riyadh to Opec for the cartel's monthly oil report, reports Anjli Raval in London. Saudi Arabia's oil minister Ali Al Naimi last month indicated that there are no plans to slow its production which has risen above 10m barrels per day in recent months...............................................Full Article: Source
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