Saudi Arabia’s oil exports fall
Saudi Arabia’s crude oil exports fell for a third straight month in June to their lowest since September 2021, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday, with big Asian buyers favouring cheaper Russian oil.
Saudi Arabia's crude oil exports fell for a third straight month in June to their lowest since September 2021, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday, with big Asian buyers favouring cheaper Russian oil.
The kingdom's crude exports totalled 6.8 million barrels per day (bpd) in June, down about 1.8 percent from May's 6.93 million bpd.
For all latest news, follow The Daily Star's Google News channel. Monthly export figures are provided by Riyadh and other members of the Organization of the Petroleum Exporting Countries (Opec) to the JODI, which publishes them on its website.