FINANCIAL NEWS

Saudi oil exports amount to USD241.4b in 10M

08 Nov 2014

(MENAFN) Local media reported that Saudi Arabia’s oil exports reached 2.29 billion barrels in the first 10 months of the current year, with proceeds amounting to USD241.4 billion, Arab News reported.

Meanwhile, domestic consumption during the same period reached nearly 693 million barrels, or 23 percent of the total output, Fahad bin Jumaa was quoted by Al-Riyadh daily.

The Kingdom exported some 229.4 million barrels in October valued at USD20.4 billion. Domestic consumption in the month stood at 69 million barrels, he said.

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