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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Saudi King: 'We will pump more oil'
Saudi Arabia will raise oil production by 500,000 barrels a day to a record total production of 9.7 million barrels a day. The increase is in response to calls from 30 to 60 consumer countries, but Saudi Arabia have also called on the West to cut fuel taxes to lower the cost of petrol for consumers.
News Item details
Websites:
http://www.independent.co.uk
Keywords: Production - Oil price
Countries: Saudi Arabia -
Organisation: OPEC
Subjects: Oil markets, People and behaviour, Oil, Petroleum products, Taxation
