SAUDI ARABIA

Saudi Crude Production Averages 3.85mn b/d in February 

Despite some increase in output towards the end of the month, Saudi Arabia's crude oil production averaged well below 4mn b/d last month. MEES is reliably informed that Saudi crude production averaged 3.85mn b/d for the month of February. This figure includes Saudi Arabia's share of Neutral Zone output and sales made by the government's trading arm Norbec, but excludes deliveries made on behalf of Iraq...