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Wednesday 3 October 2018

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Saudi Arabia, Iraq and Russia can make up for Iran's lost oil sales

Saudi Arabia, Iraq and Russia can make up for Iran's lost oil sales

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Saudi Arabia says it has a production capacity of 12.5 million barrels a day, though it has never pumped more than 11 million. Russia could add about 300,000 barrels a day. Iraq has added 230,000 barrels a day of production this year to reach a record 4.66 million in September.

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