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Officials at Saudi Arabian Oil Co., or Saudi Aramco, weren't immediately available to confirm details, but the estimate is largely in line with market expectations.
The kingdom is the most influential member of the Organization of Petroleum Exporting Countries, which pledged a series of output reductions between September and December last year to support oil prices.
OPEC, which counts six Middle East producers among its 12 members, is scheduled to meet Sunday in Vienna to discuss policy.
-By Yee Kai Pin, Dow Jones Newswires; +65-6415-4062; kai-pin.yee@dowjones.com
(END) Dow Jones Newswires
03-09-09 2209ET
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