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Saudi Arabia plans to increase oil exports to 10.6mn bpd in May (State Media)

Saudi Arabia is planning to increase its crude oil exports by about 600 thousand barrels per day, taking the total to 10.6 million barrels per day, starting from May, Saudi Press Agency reported on Monday quoting a Saudi energy ministry official.

The planned increase in oil exports is due to burning less oil for power generation at home and lower domestic consumption, the report said. Source Saudi Gazette

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