Saudi crude oil exports hit 7.25m bpd in February – JODI

Riyadh – Mubasher: Saudi crude oil exports reached 7.25 million barrels per day (bpd) in February 2018, marking the highest level in 13 months, compared to 7.17 million bpd a month earlier.

The kingdom’s oil product exports hit 2 million bpd in the second month of 2018, touching their all-time high, the Joint Organisations Data Initiative’s (JODI) data showed.

Organization of the Petroleum Exporting Countries (OPEC) and other non-member countries approved to remain production cut agreement until the end of 2018, in a bid to trim international stockpiles and boost crude prices.

Mubasher Contribution Time: 18-Apr-2018 12:52 (GMT)
Mubasher Last Update Time: 18-Apr-2018 13:12 (GMT)