Al-Naimi: Saudi Arabia Produces 10 Million Barrels of Crude Oil

The Minister of Petroleum and Mineral Resources, Ali Al-Naimi, announced that Saudi Arabia currently produces around ten million barrels of crude oil per day in April. That would be higher by 100 thousand barrels of production level in March which was 9.9 million barrels per day.

“Oil supplies are plentiful and there is no lack of production in April and what would be required by customers, we produce about 10 million barrels a day and we can increase this number if we have more customers wanted more.” He told to reporters.

According to a report released by the ministry yesterday, the high oil revenue will lead to enhance the status of the budget of the Kingdom. This number will set a new record in oil revenues in the history of Saudi Arabia.

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