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Reports indicate that Saudi Arabia's National Oil Company (Aramco) plans to increase its oil production by 300,000 barrels per day in 2026, as part of its strategy to expand its market share. The company is focused on boosting production to reach 11 million barrels per day by 2030, supported by massive development projects aimed at enhancing capacity and reducing costs. This move is part of the Kingdom’s efforts to maintain its position as a key global oil producer and to achieve its ambitious goals of balancing economic growth with environmental sustainability.
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