Saudi Aramco Pumped 9.1 Million Barrels a Day Oil in 2011
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Saudi Arabian Oil Co., the world’s largest crude exporter, pumped 9.1 million barrels a day of oil on average last year, the state-run company known as Saudi Aramco said in its annual review.
Average daily output rose 15 percent from 2010, according to the review posted today on Aramco’s website. Reserves of crude oil and condensates fell 0.2 percent to 259.7 billion barrels compared with the previous year, while deposits of natural gas increased 1.3 percent to 282.6 trillion standard cubic feet, it said.