Middle East Economic Survey
King 'Abd Allah Says Kingdom Producing Over 10Mn B/D
King 'Abd Allah ibn 'Abd al-'Aziz said on 13 October that the kingdoms oil production had risen to more than 10mn b/d to fulfill rising demand and that high oil prices were creating tremendous damage for oil consuming countries. Speaking to US ABC television, he said the kingdom was not in favor of such high prices. Without a doubt, we have benefited financially [from high...