Saudi Arabia crude exports up 2.2% M-o-M to 7.6 mbpd in July
The kingdom’s crude oil exports rose to 7.622 mbpd in July, up from 7.456 mbpd in June, official data showed. In line with high summer demand, crude oil production rose 1.2% M-o-M to a record high 10.673 mbpd in July, up from 10.550 mbpd in June, while crude inventories dropped 2.8% M-o-M to 281.463mn barrels in July, down from 289.445mn barrels in June. (Reuters, JODI)
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