Thursday, December 31, 2015

No limit to output, Saudi Arabia says

No limit to output, Saudi Arabia says Riyadh, Saudi Arabia (UPI) Dec 30, 2015 - There is no limit to the level of Saudi crude oil production so long as demand permits, the Saudi oil minister said Wednesday from Riyadh. The Saudi Finance Ministry this week reported total revenue for fiscal year 2015 at $162 billion, an estimated 15 percent decline from budgeted revenues. Oil revenues are expected to reach $118 billion, a decline of 23 percent from the previous year. ... morehttp://www.oilgasdaily.com/reports/No_limit_to_output_Saudi_Arabia_says_999.html

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