Saudi crude exports rise to five-month high in June

Saudi Arabia's crude oil exports rose to 5.965 million barrels per day (bpd) in June, their highest in five months, Joint Organisations Data Initiative (JODI) said
Reuters
Reuters Monday, 23 August 2021

Saudi Arabia's crude oil exports rose to 5.965 million barrels per day (bpd) in June, their highest in five months, Joint Organisations Data Initiative (JODI) said.

In May, the country's crude oil exports were at 5.649 million bpd, while its total exports, including oil products, in June stood at 7.32 million bpd.

Saudi Arabia's domestic crude refinery throughput rose to 2.398 million bpd in June, while direct crude burn increased 135,000 bpd to 586,000 bpd.

The world's largest oil exporter's crude output rose by 383,000 bpd month-on-month to 8.927 mln bpd in June, the JODI figures showed.

Monthly export figures are provided by Riyadh and other members of the Organization of the Petroleum Exporting Countries (OPEC) to JODI, which publishes them on its website.

Saudi crude stocks fell 636,000 barrels to 135.139 million barrels in June.

In July, OPEC and its allies, including Russia, agreed to boost oil supply from August.