Saudi oil exports hit highest level in almost 2 years| MENAFN.COM

Tuesday, 04 October 2022 12:16 GMT

Saudi oil exports hit highest level in almost 2 years


(MENAFN- Brazil-Arab News Agency (ANBA))

São Paulo – Saudi Arabia 's February crude oil exports reached 7.307 million barrels per day, the highest level since April 2021, according to the Joint Organisations Data Initiative (JODI).

Exports rose by 4.4% from 6.996 million bpd in January, up by 300,000 bpd.

Year on year, from February 2021, when Saudis shipped 5.625 million barrels, the increase amounted to 30%. Since early 2020, the lowest monthly level was June 2020, at 4.981 million bpd.

Saudi oil output in February also reached its highest level since April 2020 10.225 million bpd — up from 10.145 million bpd in January.

Translated by Guilherme Miranda

Fayez Nureldine/AFP

The post Saudi oil exports hit highest level in almost 2 years appeared first on Agência de Notícias Brasil-Árabe .

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