Saudi Arabia’s oil production exceeded more than 12 million barrels per day (mmbbl/d) for the first time in the Kingdom’s history, Arab News reported.
The previous production record of KSA was 11 million barrels of oil. Officials at Aramco told Arab News that production on April 1 had even surpassed 12 mmbbl/d.
The company released a short video showing laden oil tankers sailing away from Saudi ports. It said it had loaded 18.8 million barrels onto 15 tankers.
The Kingdom has vowed to ramp up production in the face of a price war in order to stir up the global energy industry following the end of a supply agreement with other producers. Riyadh’s plan to boost its production and supply to the market defies increasing pressure from Washington to end a battle with Russia for market supremacy.