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Saudi to maintain oil supply if U.S. draws stocks

By: Yossel in TT | Recommend this post (0)
Tue, 03 Apr 12 8:53 PM | 86 view(s)
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Msg. 02780 of 03132
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Saudi to maintain oil supply if U.S. draws stocks

Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia, November 14, 2007.

DUBAI (Reuters) - Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said.

Credit: Reuters/ Ali Jarekji

Amena Bakr

DUBAI
Tue Apr 3, 2012 10:46am EDT

link-
http://www.reuters.com/article/2012/04/03/us-saudi-crude-idUSBRE8320KQ20120403

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