The Guardian | Saudi Arabia boosts crude oil production to highest level on record The Guardian The oil minister, Ali al-Naimi, said on Tuesday the country produced 10.3m barrels per day (bpd) of crude in March, a figure that would eclipse its previous recent peak of 10.2m bpd in August 2013, according to records going back to the early 1980s. Iranian oil could send an already-saturated market back into a price nosedive US Oil Prices Rise to 2015 High Iran Nuclear Deal May Cut Oil Prices by $15 a Barrel, EIA Says |