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Saudi Aramco to Become World’s Top Oil Refiner, Al-Falih Says

Saudi Arabian Oil Co., the world’s biggest crude exporter, also expects to become the top producer of refined products such as fuel and petrochemicals, according to Khalid al-Falih, the company’s chief executive.

“In the years to come, we will become the world’s single largest oil refiner,” al-Falih said at a conference in Beijing today.