Saudi crude oil output rises in May – JODI

Saudi crude oil output rises in May – JODI
The GCC nation's oil exports decreased by 328,000 bpd to 6.98 million bpd in May

Riyadh – Mubasher: Saudi Arabia's crude oil production increased by 162,000 barrels per day (bpd) in May, compared a month earlier.

The kingdom’s crude oil output reached 10.3 million bpd last month, recording their second highest level in 2018, the Joint Organisations Data Initiative’s (JODI) data showed on Wednesday.

The GCC nation's oil exports decreased by 328,000 bpd to 6.98 million bpd in May, compared to April.