Mubasher TV
Contact Us Advertising   العربية

Saudi oil exports down 10.5% in November

Saudi oil exports down 10.5% in November
Saudi crude exports reached 7.37 million b/d last November

Riyadh – Mubasher: Saudi Arabia’s crude oil exports declined during last November by 10.47% year-on-year (YoY) but registered the highest level in 2019.

The Kingdom’s crude exports amounted to 7.37 million barrels per day (b/d) last November, compared with 8.2 million b/d in the same period a year earlier, according to the Joint Organisations Data Initiative (JODI).

On a monthly basis, Saudi oil exports increased in November by 4.5%, compared with its level in October at 7.06 million b/d.

It is worth noting that Saudi production decreased in November by 3.2% YoY to 9.89 million b/d, in line with the OPEC-led output cuts.