Saudi Arabia’s crude oil exports dropped to a 6-year low in Sept
According to data from Joint Organisations Data Initiative (JODI), Saudi Arabia’s crude oil exports fell to a 79-month low/ 6-year low at 6.55 million barrels daily (mpd) in September, oilprice.com cited late-Wednesday.
Exports of refined oil products surged to 1.55 million bpd in the same month – an all-time high.
The cargo-tracking website has calculated that Saudi exports in October averaged 6.68 million bpd—down from a calculated 6.7 million bpd for September. This month, Saudi Arabia has been shipping abroad an average 5.7 million bpd, Tanker Trackers data showed.