‎Saudi oil exports grow to 6.19M bpd in May

‎Saudi oil exports grow to 6.19M bpd in May ‎Saudi oil exports grow to 6.19M bpd in May

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Oil tanks

Saudi Arabia’s oil exports slightly rose by 0.4% month-on-month (MoM) to nearly 6.19 million barrels per day (bpd) last May, the Joint Organizations Data Initiative’s (JODI) data showed.

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On a yearly basis, Saudi crude exports increased by 1%.

The Kingdom’s total output climbed by 2% MoM in May, reaching 9.18 million bpd — which is a two-year high.

Local crude consumption dipped 5% MoM to about 2.99 million bpd for the same month.

Saudi Arabia and other OPEC members provide monthly export data to JODI.

 

Oil tanks

Saudi Arabia’s oil exports slightly rose by 0.4% month-on-month (MoM) to nearly 6.19 million barrels per day (bpd) last May, the Joint Organizations Data Initiative’s (JODI) data showed.

On a yearly basis, Saudi crude exports increased by 1%.

The Kingdom’s total output climbed by 2% MoM in May, reaching 9.18 million bpd — which is a two-year high.

Local crude consumption dipped 5% MoM to about 2.99 million bpd for the same month.

Saudi Arabia and other OPEC members provide monthly export data to JODI.

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