Updates
Later, 8:33 p.m. CT: see first comment below with this link: http://www.zerohedge.com/news/2015-12-10/opec-production-hits-three-year-high-oil-price-resumes-slump.
Original Post
See also:
- competing for market share
- free-wheeling production; OPEC was always a sham
- Saudi oil imports into US plummet
- $35 billion, 5-year program announced in 2012 to increase production
Note: how accurate Saudi Arabia's figures are is anyone's guess.
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