Riyadh, Sha'ban 23, 1436, June 10, 2015, SPA -- The US Wall Street Journal published on Wednesday, June 3rd, 2015, an article entitled "Six Faces in the Race to Pump More Oil." Due to the article's obvious fallacies and errors regarding the petroleum policy of the Kingdom of Saudi Arabia, an official source at the Ministry of Petroleum and Mineral Resources explained the following points: First, in terms of production and the international oil market, the Saudi oil policy emanates from clear data based on the interests of the kingdom and not affected by individual views. This policy is proposed by an integrated team of experts and specialists in the oil market and economics at the ministry's headquarters in Riyadh. The senior leadership of the country is informed of the policy which is coordinated with oil-producing countries, especially OPEC countries in a way that achieves the interests of the kingdom in the short and medium terms. This team is an integrated work group of experts and advisers supporting decision-makers. Second, the rise of the production of the kingdom during the past three months came as a result of the factors of the oil market in terms of increased global demand and the needs of the kingdom's permanent clients, and not to compensate for lower prices, as claimed by the article. The kingdom never raises its production or exports without an actual need by the global market and a request by its customers. Also, it doesn't increase production for other reasons such as compensation for lower prices, as claimed by the newspaper as these have negative effects on the interests of the kingdom and OPEC, if it happens, and contravene economic logic. --More 02:02 LOCAL TIME 23:02 GMT www.spa.gov.sa/w