Saudi Arabia will improve to a record high crude oil production

Saudi Arabia’s oil and mineral resources minister 7 naimi said, Saudi Arabia has 10.3 million barrels of oil production increase to a record, to meet customer demand at home and abroad.

The oil conference held in Mr Naimi in Riyadh, Saudi Arabia the daily output of 10.3 million barrels of oil in March this year, more than in August, 2013, 10.2 million barrels a day, is the highest oil production since the early 1980 s.

Naimi said, in the future for a period of time, Saudi Arabia will maintain at about 10 million barrels of oil production.

He also said that the current Saudi oil refining capacity of 5 million barrels a day, and gradually increase. Some analysts believe that Saudi Arabia to improve oil production may be related to its needed for domestic oil refining and increase imports from the United States. In march, the United States from Saudi Arabia’s daily oil imports to increase to 950000 barrels, the highest since September last year.