January 24, 2018 / 8:41 AM / 9 months ago

Saudi Arabia to keep first-quarter crude exports at around 7 million bpd: sources

DUBAI (Reuters) - Saudi Arabia plans to keep its crude oil exports at around 7 million barrels per day for the first quarter despite planned refinery shutdowns, industry sources said, as the OPEC producer is determined to end a supply glut and boost prices.

FILE PHOTO: Crude oil is dispensed into a bottle in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

The world’s top oil exporter aims to hold its production at around 9.8 million bpd level from January until March, the sources said.

Reporting by Rania El Gamal; editing by Jason Neely

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