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Saudi plans to keep oil output within levels of OPEC cuts

RIYADH: Saudi Arabia's Energy Minister Khalid al-Falih said on Wednesday that the kingdom's crude production would r
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By Parvez JabriReuters
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RIYADH: Saudi Arabia's Energy Minister Khalid al-Falih said on Wednesday that the kingdom's crude production would remain within levels outlined in OPEC-led output cuts but the top oil exporter would also be responsive to its customers' needs.

Falih said "there will be very little variation" in the kingdom's oil production in May from the past couple of months, and Saudi Aramco's crude allocations for June would be made in a couple of weeks.

Copyright Reuters, 2019

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