São Paulo – Saudi Arabia’s February crude oil exports reached 7.307 million barrels per day, the highest level since April 2021, according to the Joint Organisations Data Initiative (JODI).
Exports rose by 4.4% from 6.996 million bpd in January, up by 300,000 bpd.
Year on year, from February 2021, when Saudis shipped 5.625 million barrels, the increase amounted to 30%. Since early 2020, the lowest monthly level was June 2020, at 4.981 million bpd.
Saudi oil output in February also reached its highest level since April 2020 10.225 million bpd — up from 10.145 million bpd in January.
Translated by Guilherme Miranda
PUBLICIDADE
