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KSA has no plans to boost production
- Saudi Arabia: Wednesday, July 02 - 2008 at 09:50
Saudi Oil Minister Ali al-Naimi said the kingdom is planning no further increases in crude production following its June 23 announcement that it would pump an extra half-million barrels a day, reported CNN. He said he was 'troubled' by the current high levels of petroleum prices, but added that the kingdom has 'nothing to do with prices where they are today'.
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