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Saudi Arabia will raise oil output by 200,000 barrels a day next month, United Nations Secretary General Ban Ki-moon said.
S

audi Arabia will raise oil output by 200,000 barrels a day next month, United Nations Secretary General Ban Ki-moon said yesterday. The increase would raise Saudi output by about 2 percent. Saudi Arabia increased production by 300,000 barrels in May, to no noticeable effect on the market. (AP in CNNMoney.com)

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