IZMIR
Saudi Arabia and Russia are set to stir up an oil price war as they prepare to boost their crude oil production levels at the beginning of April, after the two oil heavyweights failed to agree to curb their outputs at the OPEC+ meeting last week.
Saudi Aramco, the world's largest crude oil exporter's national oil company, said Tuesday that it would provide its customers with 12.3 million barrels per day (bpd) of crude oil starting from April 1.
That level is "an increase of 300,000 per day over the company's maximum sustained capacity of 12 million bpd," according