Any increase in production in a market which already faces a glut would signal that OPEC is unrelenting in its decision to maintain global market share.
The strategy is seen as a major factor in the sharp decline in oil prices over the past year.
"We have plenty of crude... You are not going to see any cuts from Saudi Arabia," Al-Subaey said after meeting Indian oil officials in New Delhi.
Saudi Arabia has historically lowered its oil exports during the summer months when domestic demand peaks due to scorching temperatures and the need to power air conditioning.
"We have enough in reserves and we have enough production to do so. We will match whatever the need is. If the market requires it, we will provide it," he added.
Read MoreOPEC pumping at highest level since Aug 2012: IEA
Last Friday, the Organization of the Petroleum Exporting Countries agreed to leave its output policy unchanged for another six months.
India was expected to be the main demand growth engine in the second half of this year while Chinese oil demand was stabilizing, The Aramco executive added.