Reuters | UPDATE 5-Oil slips as Saudis stand by to increase production Reuters UK LONDON, June 12 (Reuters) - Oil prices slipped on Friday after the world's top crude exporter Saudi Arabia said it was ready to raise output to new record highs, potentially adding to a global supply glut. The U.S. currency strengthened against the ... Oil prices dip after as Saudi Arabia says it would raise output to meet demand ... Exclusive: Saudi Arabia ready to raise oil output further to meet demand Oil Prices Fall after Saudis say Could Raise Output to Meet Demand |