Saudi Arabia’s Aramco halts plans to increase maximum crude production capacity

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Saudi Arabia's Aramco halts plans to increase maximum crude production capacity

Valvoline had last year decided to separate its retail services and global products divisions following a strategic review.

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Saudi Arabia’s state-controlled Aramco on Tuesday announced it is shelving plans to raise its crude production capacity from 12 million barrels per day to 13 million barrels per day, amid broader market questions over the future of oil demand.

This is a breaking news story, and it is being updated.

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