| Oil market watchers have been keeping a close eye on Saudi Arabia ever since it announced last month that it could very well increase oil production if and when it wanted to, but analysts at Energy Aspects explained on Tuesday that the major oil producer could be calling the market's bluff.
Saudi Arabia threatened to boost its already record-breaking oil output following the failure of a meeting of OPEC and non-OPEC producers in Doha in April to discuss a possible freeze of global oil production at current levels in an effort to support low oil prices...............................................Full Article: Source
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