Saudi Arabia’s Oil Exports Hit A 3-Month High In January ...Middle East

Saudi Arabia’s crude oil exports rose by 221,000 barrels per day (bpd) to a three-month high of 7.66 million bpd in January, data from the Joint Organizations Data Initiative (JODI) showed on Thursday. At the same time, crude oil inventories in the world’s largest crude exporter fell to 145.6 million barrels in January, down from 148.6 million barrels in December, according to JODI, which compiles self-reported data from many countries.     Part of the inventories could have gone for exports, considering that OPEC’s…

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