Saudi Arabia produced 10.1 million b/d of crude oil in February, well below its quota under an OPEC/non-OPEC supply accord of 10.31 million b/d, an official in the kingdom told S&P Global Platts on Friday. “March will be lower,” the official added. Related article – OPEC Feb crude oil output falls 60,000 b/d to 30.80 mil b/d: Platts survey Saudi energy minister Khalid al-Falih said last month that March production would fall to 9.8 million b/d, with exports at 6.9 million b/d. OPEC is set to reveal its members’ February production levels in its monthly oil market report on Thursday. In last month’s report, Saudi Arabia, OPEC’s largest producer and the world’s largest crude exporter, self-reported crude production of 10.24 million b/d for January. Saudi Arabia has said it plans to lead the 24-country OPEC/non-OPEC […]