Saudi Arabia’s Crude Oil Exports Hit 3-Month High in May ...Middle East

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Saudi Arabia’s Crude Oil Exports Hit 3-Month High in May
Saudi Arabia’s crude oil exports rose to a three-month high in May, the latest data by the Joint Organizations Data Initiative (JODI) showed on Monday, as the Kingdom leads the OPEC+ production increases this summer. Saudi Arabia, the world’s top crude oil exporter, saw its shipments rise by 25,000 barrels per day (bpd) from April to 6.19 million in May, according to the JODI data which compiles self-reported figures from the individual countries.  The export levels in May reached the highest since February this year, when the…

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