Saudi crude exports hike to 6.87m bpd in October - JODI

Saudi crude exports hike to 6.87m bpd in October - JODI
Saudi oil stocks increased to 256 million barrels in October

Riyadh - Mubasher: Saudi Arabia's crude oil exports rose to 6.87 million barrel per day (bpd) in October 2017, the Joint Organizations Data Initiative's (JODI) data showed on Monday.

Saudi oil stocks increased to 256 million barrels in October, up 2.7 million barrels from the previous month, the data said.

Month-on-month, Saudi oil production surged by 83,000 bpd to 10.0560 bpd in October. 

The kingdom's oil products grew by around 48,000 bpd to 1.6 million bpd.

In September, Saudi Arabia's crude oil exports declined to 6.55 million bpd from 6.71 million bpd in August, touching an all-time low in 79 months.

OPEC’s biggest producer plans to keep January crude oil exports at 6.9 million bpd, said source at the Saudi oil sector.