Saudi oil exports hit USD23.18b in 2 months

17 Mar 2015

(MENAFN) Saudi exports of 466.6 million crude oil barrels in the last two months amounted to a sum of USD23.18 billion, according to local media, Arab News reported.

Domestic consumption during the same period reached nearly 150 million barrels, or 20 percent of the total output, according to an economic expert.

The expert said that some factors are putting pressures on oil price, including weak global economic growth, big oil surpluses and the strong price of dollar against other currencies.

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