Saudi Crude Oil Exports Hit Five-Month High in August, Data Shows

Interfax.ru

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Saudi Arabia reduced oil production by 23.3 per cent in August relative to the previous month, while exports increased by 7.9 per cent, as reported on the Joint Organization Data Initiative (JODI).

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Saudi Arabia, which is battling rebels, increased oil exports. Saudi Arabia's crude oil exports rose in August to their highest level since March, newly released data showed. commodities market, fuels, Middle East.

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Saudi Arabia's oil exports rose by about 7.9 percent month-on-month in August to 4.451 million barrels (1 barrel = 159 liters) per day, the highest level since March, according to data released Wednesday by the Joint Organizations Data Initiative (JODI). It reports...