Saudi Arabia pumped a record 10.56 million barrels of oil per day in June.
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Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed Monday, but growth looks likely to slow in coming months as low oil prices make themselves felt.To defend its share of the global oil market, Saudi Arabia pumped a record 10.56 million barrels of oil per day in June, up 231,000 bpd from May. This helped the oil sector grow 5.1 percent from a year ago in the second quarter, accelerating from 1.8 percent in the first. Growth in the nonoil sector was little changed at 3.1 percent against 3 percent.
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