According to a report in Saudi-owned newspaper Aaharq Al-Awsat and just headlined on Bloomberg

  • August output 10.28m bpd vs 9.6bpd in August 2014

Data compiled by Bloomberg has Saudi oil production at 10.5m bpd in August vs 10.57m bpd in July

Lack of production/output indicates lack of demand rather than any attempt to drive price higher

WTI currently $43.68 just off $43.36 session lows with Brent $47.06 after lows of $46.76