SunSirs: Jodi: Saudi Arabia's Crude Oil Exports in April Fell from a Nine Month High

https://www.chemnet.com   Jun 18,2024 SunSirs

According to foreign news on June 17, the data released by Jodi on Monday showed that Saudi Arabia's crude oil exports in April fell from the nine month high hit last month.

Saudi Arabia is the world's largest exporter of crude oil.

Saudi Arabia's Ministry of energy said this month that OPEC could suspend production cuts if the market weakens.

Saudi Arabia's crude oil export volume in April was 5.968 million barrels/day, down 6.9% from 6.413 million barrels/day in March. The data showed that the country's crude oil output in April was 8.986 million barrels/day, higher than 8.973 million barrels/day in March.

The data also showed that in April, the crude oil processing volume of refineries in the country decreased by 150,000 barrels/day to 2.545 million barrels/day, while the direct fuel volume increased by 93,000 barrels/day to 400,000 barrels/day.

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