There is never any scarcity of reports that the Kingdom of Saudi Arabia is about to increase oil output, particularly in an election year.
There is precisely no one anywhere outside KSA who wants to hear about restricted oil output, so there is never any difficulty finding such reports.
The Saudis went public with Saudi Aramco a few years ago, and that turned out to be defined as a few % of the company shares sold to the public — with the public being the Saudi Sovereign Wealth Fund and some Saudi banks. The IPO was conducted on the Saudi stock exchange.
One of the quietest little dirty secrets in the world of oil is the incorrect belief that pricing on NYMEX and in London somehow defines what OPEC (and +) sell their oil for. Why would those exporters care what a price determined on trading exchanges of hostile countries have to say?
Buyers (refiners) place a bid and the exporters say yes or no. If they say no, buyers bid up and the shipment happens. The real pricing determinant is the meeting on the phone between Chinese refiners and Aramco shippers, or Rosneft shippers. They may never even mention NYMEX.