ANKARA
Saudi Arabia has ordered its national oil company Saudi Aramco to increase its crude oil production capacity by 1 million barrels per day (bpd), according to a statement on Wednesday.
Saudi Aramco “received a directive from the Ministry of Energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd,” said the statement released on Saudi stock exchange Tadawul.
The world’s biggest company with market capitalization also said Tuesday that it will provide its customers with 12.3 million bpd of crude oil starting from April 1, which is an increase of 300,000 bpd over the
Read more: Saudi Arabia orders Aramco to up oil capacity by 1M bpd
