Saudi Arabia set to raise oil output amid recovery in prices - WSJ

Saudi Arabia set to raise oil output amid recovery in prices - WSJ
Representative image Image Credit: ANI
  • Country:
  • Saudi Arabia

Saudi Arabia plans to increase oil output in the coming months, reversing a recent production cut, the Wall Street Journal reported on Wednesday, citing advisers to the country.

Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to the WSJ report https://www.wsj.com/articles/saudi-arabia-set-to-raise-oil-output-amid-recovery-in-prices-11613570923?mod=searchresults_pos1&page=1, adding that the output rise won't kick in until April.

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