Saudi Arabia’s crude stockpiles dropped to their lowest on record in December as the OPEC kingpin continued to push out more exports with direct use falling even more, according to data from the Joint Organisations Data Initiative. Stocks ended the month at 140 million barrels, down from 143.4 million at the end of November and .
Gulf markets little changed in early trade reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
UPDATE 1-Saudi crude exports hit eight-month peak in December 2020 reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia’s crude exports rise to 6.354mln bpd in November
Saudi Arabia’s crude oil exports in November 2020 rose to 6.354 million barrels per day from 6.159 million bpd in October, official data showed.
Monthly export figures are provided by Riyadh and other members of the Organization of the Petroleum Exporting Countries (OPEC) to the Joint Organizations Data Initiative (JODI), which published them on its website.
Source: Reuters (Reporting by Arpan Varghese and Shreyansi Singh in Bengaluru, editing by Louise Heavens)
2021-01-22