Saudi oil production capacity cannot exceed 13 million barrels per day for now

On July 16, local time, Saudi Crown Prince Mohammed bin Salman told the outside world that Saudi Arabia will continue to increase investment in fossil energy and fossil energy in the next two decades to meet the growing global demand for energy. He also revealed that Saudi Arabia "has the ability" to increase domestic production capacity to 13 million barrels per day, but has no additional capacity to continue to increase crude oil production for the time being.