Telegraph.co.uk | Saudi Arabia says it's pumping more oil to meet higher demand Telegraph.co.uk A statement from the Ministry of Petroleum and Mineral Resources said: "The rise in the kingdom's production over the past three months is a result of the oil market conditions, specifically increased global demand and the needs of the Kingdom's ... Saudi ministry says higher oil output driven by demand OPEC decision reflects new oil market reality OPEC Set to Play the Waiting Game in Oil Market |