Officials said the Gulf Cooperation Council kingdom has cut oil output
from 9.8 million barrels per day to 9.39 million over the last month, Middle East Newsline reported. They
said the reduction reflected global market demand.
"Demand is always fluctuating, but our position is that we will supply
whatever our customers ask for," Saudi Oil Minister Ali Al Naimi said on
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"We will always continue to meet the demands of our customers."
Al Naimi said Saudi production in September dropped by more than
400,000 barrels per day from the previous month. He did not explain.