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

Reuters , Wednesday 17 Feb 2021

Saudi Arabia will not likely increase its oil output until April

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, adding that the output rise won't kick in until April. 

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