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Saudi Arabia poses oil output puzzle

Source: Financial Times, 7th March 2011

Saudi Arabia has boosted its oil production to cushion against the weakened flows from Libya, where a de facto civil war has cut output by at least three-quarters from 1.58m barrels a day. But Riyadh has yet to provide details of how much it is pumping right now - a critical question as oil prices race towards $120 a barrel.



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