Saudi Arabia’s January oil output drops to 9.767 million barrels per day

Top oil exporter Saudi Arabia produced 9.767 million bar¬rels per day of crude oil in January 2014, down from 9.819 million in December. However,

the kingdom raised supply to 9.916 million bpd from 9.897 million. Supply to market may differ from production depending on movement in or out of storage.