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Saudi Arabia steps up oil price war by pledging to supply 12.3 million bpd in April

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    Saudi Arabia has pledged to boost oil production by more than 25% in April, when the OPEC-plus production agreement is due to expire. On March 10, the kingdom announced that it planned to supply the market with no less than 12.3 million barrels per day (bpd) next month.

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    Posted by Jennifer Delay Iacullo
    Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.