{"id":628273,"date":"2018-06-28T03:53:21","date_gmt":"2018-06-28T03:53:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/"},"modified":"2018-06-28T03:53:21","modified_gmt":"2018-06-28T03:53:21","slug":"ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/","title":{"rendered":"KSA to ramp up production to a record 10.8 mn bpd"},"content":{"rendered":"

Saudi Arabia reportedly plans to pump a record 10.8 mn barrels of crude a day starting July<\/strong> under a pact with OPEC that should see global oil output rise by 1 mn bpd for the second half of the year, unnamed sources tell Bloomberg<\/a>. Energy Minister Khalid Al Falih said last week<\/a> that Saudi would contribute \u201chundreds of thousands\u201d of oil barrels to global supply as of next month, without specifying an amount. Months of underproduction had sent oil prices surging beyond the USD 80 bbl mark last month, before falling back to USD 75-76 per bbl. Higher oil output and lower prices are good news for Egypt, which has been in talks with international firms<\/a> over fuel hedging strategies.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia reportedly plans to pump a record 10.8 mn barrels of crude a day starting July under a pact with OPEC that should see global oil output rise by 1 mn bpd for the second half of the year, unnamed sources tell Bloomberg. Energy Minister Khalid Al Falih said last week that Saudi would […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628273","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5b187e40-2c06-4d42-bb2b-2eed437b9649","order":"0","is_powered_by":true,"section_story_id":"810a0e85-c67f-47df-9b68-1f57684d1bfb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628252],"teaser":"","voice_url":""},"yoast_head":"\nKSA to ramp up production to a record 10.8 mn bpd - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KSA to ramp up production to a record 10.8 mn bpd\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia reportedly plans to pump a record 10.8 mn barrels of crude a day starting July under a pact with OPEC that should see global oil output rise by 1 mn bpd for the second half of the year, unnamed sources tell Bloomberg. Energy Minister Khalid Al Falih said last week that Saudi would […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-28T03:53:21+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KSA to ramp up production to a record 10.8 mn bpd\",\"datePublished\":\"2018-06-28T03:53:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/ksa-to-ramp-up-production-to-a-record-10-8-mn-bpd\/\",\"name\":\"KSA to ramp up production to a record 10.8 mn bpd - 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