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FINANCIAL NEWS
Saudi crude oil exports grow to 6.9m bpd in Oct.
18 Dec 2014
(MENAFN) Top oil exporter Saudi Arabia shipped more crude oil in October than a month earlier while volumes used by domestic refineries remained high allowing more oil products exports, official data said, Gulf Business reported.
OPEC member exported 6.897 million barrels per day of crude in October, up from 6.722 million in September, data published by the Join Organizations Data Initiative (JODI) showed.
Production was slightly lower in October at 9.69 million bpd from 9.704 million, data showed.
Industry sources showed that crude supplies from the kingdom for both exports and the domestic market inched higher to 9.420 million bpd in November, up 40,000 bpd from October.
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