Saudi Arabia ready to increase oil production to 13 million barrels

Saudi Arabia ready to increase oil production to 13 million barrels

Saudi Arabia is ready to increase oil production by up to 3 million barrels per day. This was announced by the Crown Prince of the Kingdom Mohammed bin Salman after yesterday's meeting with US President Joe Biden.

"Riyadh has announced that it will increase oil production to 13 million barrels per day, after which it won't have the opportunity to increase production anymore", RIA Novosti quoted him.

Earlier, the White House reported that during the meetings with representatives of the US leadership, Saudi Arabia undertook to maintain a balance in the global oil market to ensure sustainable economic growth.

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