RIYADH, Saudi Arabia (Bloomberg) -- Saudi Arabia, the largest crude producer in OPEC, plans to keep output steady until the end of the year, a person with knowledge of the country’s oil policy said. It made the biggest cut in 20 months in August. Output through the end of the year won’t differ much from August, when the country pumped 9.597 MMbopd, according to the person, who isn’t allowed to be identified. The nation reduced production by 408,500 bopd last month, the most since December 2012, according to its most-recent submission to the Organization of Petroleum Exporting Countries.
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Saudis said to maintain oil output after biggest cut since ’12
![Saudis said to maintain oil output after biggest cut since ’12]()
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