27JUN2018 - NEWS - Saudi Arabia is planning to pump record amount of crude in July

Saudi Arabia is planning to pump a record amount of crude in July. State oil company Saudi Armco is aiming to boost production next month. The actual production level in July will depend on the demand for exports and the domestic consumption. The actual production is expected remain between 10.6 million and 11 million barrels per day. Saudi Armco company is headquartered at Dhahran, Saudi Arabia.