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FinancialNews
21-06-22
Saudi Arabia’s crude oil exports in April reach peak since March 2022
(MENAFN) As shown by the most recent monthly information issued by the Joint Organizations Data Initiative, Saudi Arabia’s crude oil exports rose 147,000 barrels a day during April to 7.38 million.
This is the peak monthly amount of capacity since March two years ago when the Nation’s exports stood at 7.39 million bpd.
Exports of crude increased by 2 percent two months ago from 7.24 million bpd in the month before of this year.
Annually, the Kingdom’s exports of crude overseas increased by 1.97 million bpd — a surge of 36.5 percent.
As for the production of crude, in April it rose by 141,000 bpd to 10.44 million bpd. Output increased by 1.4 percent from 10.3 million bpd in the previous month.
MENAFN21062022000045014228ID1104405857
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