Saudi Arabia Is Eager To Help

Saudi Arabia is likely to build additional oil production capacity of 1.5-2.0 million bpd, if the global oil demand requires it in great numbers.

Saudi Oil firm Aramco CEO Abdallah Jumah told about it Wednesday and added that if ?production is 10 million bpd, we will have to have 1.5-2.0 million bpd over and above that.?

Saudi Aramco holds 10 million bpd of the kingdom's total 10.5 million bpd capacity, including the neutral zone.

Saudi Oil Minister Ali al-Naimi said at the weekend that the country would produce 9.1 million bpd in June and was prepared to pump its maximum 10.5 million bpd if demand warranted it.