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DUBAI, United Arab Emirates — Saudi Arabia’s oil company Aramco says it will increase production capacity to 13 million barrels per day, up from 12 million per day.
The majority state-owned company’s announcement, made on the Saudi Tadawul stock exchange on Wednesday, did not say when that capacity increase would happen.
Aramco says the decision to increase capacity was a directive to the company from the Saudi Energy Ministry.
The Associated Press
