DOHA: Saudi Arabia produced 9.75 million barrels per day (bpd) of crude oil in October down from 10.1 million bpd in the previous month, an industry source familiar with the matter told Reuters.
The kingdom ramped up production in August to 10.19 million bpd in part to help offset a plunge in output from fellow OPEC member Libya due to unrest there.
The industry source did not give a reason for the drop, only adding that supply to the market in October was 9.7 million bpd. (Reuters)