Murray Wood: Hope in the Middle East for first time since Hamas launched attack
For the first time since Hamas terrorists launched an attack on Israel two years ago, Murray Wood says there is hope for...
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