Saudi Crude Oil Exports Jump To Highest Level Since April 2020 ...Middle East

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Saudi Crude Oil Exports Jump To Highest Level Since April 2020
Saudi Arabia, the world’s top crude oil exporter, saw its crude exports rise in February to the highest level since the April 2020 month-long price war with OPEC+ ally Russia. In February, the Saudis exported 7.307 million barrels per day (bpd) of crude to international markets, data from the Joint Organisations Data Initiative (JODI) showed on Monday. That’s up from 6.996 million bpd in crude exports in January 2022 and the highest level of crude the Kingdom has shipped since April 2020, according to JODI, which compiles self-reported…

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