Business Standard

Saudi's crude oil production exceeds 10 million bpd in Dec; exports dip

Exports fell slightly to 6.937 million bpd from 6.949 million bpd in November, according to monthly figures provided by Saudi Arabia and other oil-exporting countries to JODI

oil, crude
Premium

Reuters
Saudi Arabia's crude oil production increased by 110,000 barrels per day month-on-month in December to 10.02 million bpd, official data showed on Sunday.

Exports fell slightly to 6.937 million bpd from 6.949 million bpd in November, according to monthly figures provided by Saudi Arabia and other oil-exporting countries to the Joint Organizations Data Initiative (JODI).

Saudi crude output in December was 1.04 million bpd above year-ago levels and 428,000 above December 2019 levels, according to the JODI website.

Along with other members of the Organization of the Petroleum Exporting Countries, Saudi Arabia is trying to ramp up output every month as global oil

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 20 2022 | 9:00 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com