Distribution
Saudi Arabia's crude oil exports in September hit three-month peak
The country's exports in September rose by 0.080 million barrels per day (bpd) to 5.751 million bpd from 5.671 million bpd in August.
Saudi Arabia is the world's largest exporter of crude.
At the same time, Saudi's production fell to 8.975 million bpd from 8.992 million bpd in August.
Saudi refineries' crude throughput rose by 0.035 million bpd to 2.756 million bpd, the data showed, while direct crude burning decreased by 296,000 bpd to 518,000 bpd.
Riyadh and other members of OPEC provide monthly export figures to JODI, which publishes them on its website.
On the other hand, OPEC cut its 2024 global oil demand growth forecasts, highlighting weakness in China, India, and other regions, marking the producer group's fourth consecutive downward revision in the 2024 outlook.
Related Articles
World Bank Backed Fund targets solar energy projec...
09 Sep, 2024 13:34
Libya oil exports plunge as NOC cancels cargoes du...
12 Sep, 2024 08:31
Caterpillar introduces groundbreaking dynamic ener...
18 Sep, 2024 07:42
Saudi Arabia strikes $1 bln deal as aluminum drive...
18 Sep, 2024 09:03
Egypt and Petronas Discuss Expanding LNG Investmen...
19 Sep, 2024 13:00
6 Regional Banks Transforming Africa’s Oil & Gas I...
20 Sep, 2024 13:00
Giyani Metals advances battery-grade manganese dem...
30 Sep, 2024 09:20
Middle East tensions spike oil prices, but surge w...
01 Oct, 2024 07:59
Uganda receives first batch of line pipes for EACO...
01 Oct, 2024 09:21