Saudi oil supply at 9.4mbpd in Feb
Dubai, March 10, 2012
Top oil producer Saudi Arabia supplied 9.4 million barrels per day (bpd) of crude to the market in February steady from January, an industry source familiar with the matter told Reuters on Saturday.
"Production from the kingdom was in the range of 9.85 million bpd also steady from the previous month," the industry source added.
Last week an industry source told Reuters that production is expected to remain stable at the current level in the "short term".
With Opec member Iran facing new sanctions over its disputed nuclear work which the West fears might be aimed at making atomic bombs, customers of Iranian crude have already stared cutting down on orders.-Reuters