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Saudi Aramco Likely to Increase Production

Saudi Arabia's state-owned oil company is likely to increase its production to meet rising demand this year, according to the company's chief executive, The Wall Street Journal reports.

"If the Saudis want to avoid being stuck with most of their reserves stranded underground, the signs now say they better sell it off sooner rather than late," said fellow Jim Krane. 

The Wall Street Journal (subscription required):