Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
20-07-22
Saudi Arabia witnesses its worst decline in 15 months 4.5pct fall in May's oil export
(MENAFN) The Cooperative Organizations Data Initiative has showed that crude oil exports from Saudi Arabia dropped by 332,000 barrels a day in May on a month-on-month basis.
The data presented that 7.05 million bpd were shipped, decreasing 4.5 percent from April, this indicates the biggest decrease in the last 15 months.
Crude oil output rose by 97,000 bpd monthly to 10.538 million bpd in the stated month, in comparison production increased by 0.9 percent from 10.441 million bpd in the month before.
On the other hand, Saudi Arabia’s crude oil shipments surged by 1.401 million bpd annually, a 24.8 percent increase from its 5.649 million rate in the same period last year.
As for the output of crude oil, it witnessed a yearly rise of 1.994 million amounting to 10.538 million bpd in July, a 23.3 percent expansion from 8.544 million bpd in 2021.
This May, the nation’s refinery consumption jumped 211,000 bpd to 2.773 million bpd, an 8.5 percent month-on-month increase against its 2.538 million bpd in April.
MENAFN20072022000045014228ID1104559656
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us