Saudi oil exports plummet – data ...News

Riyadh agreed to voluntary production cuts with several large OPEC+ members Saudi Arabia, the world’s biggest crude exporter, saw its oil sales decline to a five-month low in April, according to data tracked by the Joint Organizations Data Initiative (JODI), released on Monday. The kingdom’s crude exports dropped by 207,000 barrels per day (bpd) from March, to 7.32 million bpd, according to JODI Oil database, which compiles self-reported statistics from nearly 50 nations. The drop came a month before the first of the voluntary cuts agreed between Riyadh and several large OPEC+ producers, including Russia, came int

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