Saudi Oil Exports Increases to 6.32 Million Barrels Daily
- Publish date: Monday، 22 April 2024
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Saudi Arabia reported an increase in crude oil exports in February, reaching 6.32 million barrels per day. This uptick in exports aligns with growing global demand for crude oil from OPEC nations.
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Production and Consumption Trends
The kingdom's crude oil production also rose by 0.6% to 9 million barrels per day from January to February 2024. Additionally, Saudi refineries saw an increase in oil consumption, using an extra 250,000 barrels per day.
Monthly Reporting
These figures are part of regular monthly reports submitted by OPEC countries to the Joint Organizations Data Initiative (JODI) for precise analysis and monitoring of oil industry trends.