Saudi Arabia's state-run oil giant Saudi Aramco says it will increase its oil production to 12.3 million barrels a day in April, a record amount. The move came after Russia refused to cooperate on cutting production that led to a 25% plunge in the price of crude on Monday, the sharpest decline seen since the 1991 Gulf War.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Q03Xp5
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