Saudi Arabia's Energy Compliance with OPEC+ Quota
Saudi Arabia's energy ministry confirmed the country's full compliance with its OPEC+ output target. In June, the crude supply was 9.352 million barrels per day, aligning with the agreed quota. Any excess production was redirected as a contingency measure and not marketed domestically or internationally.

Saudi Arabia has confirmed its full adherence to the voluntary production targets set by the OPEC+ agreement, according to a recent statement from its energy ministry. In June, the kingdom supplied 9.352 million barrels of crude oil per day, meeting its agreed quota.
Despite a brief increase in output, the additional barrels were not introduced to domestic or international markets. Instead, these excess amounts were held as a strategic contingency measure, the ministry clarified.
The statement underscores the kingdom's commitment to maintaining oil market stability by sticking to established production guidelines despite potential fluctuations in production levels.
(With inputs from agencies.)
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