Saudi Arabia’s Ability To Pump More Oil “Limited”

Saudi Arabia has limited additional crude oil production capacity, Wall Street Journal sources revealed on Wednesday. The sources, who are said to be familiar with Saudi Arabia’s oil production capabilities, were not named. The mystery surrounding Saudi Arabia’s crude production capabilities has grown in recent weeks amid a tight oil market, Europe’s energy crisis, and the United States’ battle with high retail gasoline prices. Large oil producers such as Saudi Arabia—thought to be one of the only possible swing producers…