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Saudi oil exports hit 8.216 mbpd in August – JODI

Saudi oil exports hit 8.216 mbpd in August – JODI
Crude oil exports remained stable at 6.88 mbpd during August

By:  El-Sayed Gamal

Riyadh – Mubasher: Saudi Arabia’s oil exports jumped during August, hitting the highest level since April.

Oil export of the GCC nations increased to 8.216 million barrel per day (mbpd) in August, compared to 8.101 mbpd a month earlier, the Joint Organisations Data Initiative’s (JODI) data revealed.  

Crude oil exports remained stable at 6.88 mbpd during August.

Meanwhile, the kingdom’s petroleum product exports increased by 115,000 bpd to 1.336 mbpd by the end of August, compared to 1.221 mbpd a month earlier.

The GCC nation’s crude oil output declined on the back of Saudi Aramco’s recent attacks by 1.28 mbpd to 9.844 mbpd in August, compared the month before.