Saudi Aramco has boosted total production capacity to more than 11mbpd, according to people with knowledge of the situation. The news helped to push crude down by as much as 1.8% in London. The Abqaiq processing facility can currently produce 4.9mbpd and Khurais can get to as high as 1.3mbpd. Aramco has said full capacity under normal circumstances at Abqaiq is 5.5mpd and about 1.5mbpd at Khurais. However, the full capacity will not be available till November.
Source:Bloomberg
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