Saudi Arabia Boosted Crude Oil Exports To 4-Month High In May ...Middle East

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Saudi Arabia Boosted Crude Oil Exports To 4-Month High In May
source : OILPRICE ( Middle East ) () 8
The world’s top oil exporter, Saudi Arabia, raised its crude oil exports in May to the highest level in four months after OPEC+ decided in April to gradually ease its cuts and the Kingdom started unwinding its extra unilateral cut of 1 million bpd between May and July. Saudi Arabia exported 5.649 million barrels per day (bpd) of crude oil in May, data from the Joint Organisations Data Initiative (JODI) showed on Monday. This was up from 5.408 million bpd of crude oil exports in April, according to JODI, which compiles self-reported…

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