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On Monday, a Saudi energy official announced that the kingdom would increase its oil exports to 10.6 million barrels per day since the country is burning less oil for power generation and a lack of demand from domestic use due to the lockdown from the coronavirus outbreak.

Saudi Arabia to Increase Exports to 10.6 Million bpd in May

On Monday, a Saudi energy official announced that the kingdom would increase its oil exports to 10.6 million barrels per day since the country is burning less oil for power generation and a lack of demand from domestic use due to the lockdown from the coronavirus outbreak.

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