SAUDI ARABIA

Saudi Production Down to 2.2mn b/d in August 

After climbing a bit in July, largely due to production for floating storage (MEES, 29 July), crude oil output in Saudi Arabia (Aramco) is currently running at only 2.2mn b/d in August, MEES understands. After averaging 2.25mn b/d in June, Aramco production rose to around 2.6mn b/d in July owing to the fact that some 300,000-350,000 b/d was produced for floating storage. If this increment for floating storage - which was...