AGL 39.18 Decreased By ▼ -0.82 (-2.05%)
AIRLINK 127.60 Decreased By ▼ -1.46 (-1.13%)
BOP 6.86 Increased By ▲ 0.11 (1.63%)
CNERGY 4.67 Increased By ▲ 0.18 (4.01%)
DCL 8.43 Decreased By ▼ -0.12 (-1.4%)
DFML 41.20 Increased By ▲ 0.38 (0.93%)
DGKC 82.25 Increased By ▲ 1.29 (1.59%)
FCCL 33.08 Increased By ▲ 0.31 (0.95%)
FFBL 74.24 Decreased By ▼ -0.19 (-0.26%)
FFL 11.81 Increased By ▲ 0.07 (0.6%)
HUBC 110.10 Increased By ▲ 0.52 (0.47%)
HUMNL 14.10 Increased By ▲ 0.35 (2.55%)
KEL 5.22 Decreased By ▼ -0.09 (-1.69%)
KOSM 7.60 Decreased By ▼ -0.12 (-1.55%)
MLCF 39.00 Increased By ▲ 0.40 (1.04%)
NBP 63.63 Increased By ▲ 0.12 (0.19%)
OGDC 192.74 Decreased By ▼ -1.95 (-1%)
PAEL 25.63 Decreased By ▼ -0.08 (-0.31%)
PIBTL 7.29 Decreased By ▼ -0.10 (-1.35%)
PPL 153.00 Decreased By ▼ -2.45 (-1.58%)
PRL 25.45 Decreased By ▼ -0.34 (-1.32%)
PTC 17.47 Decreased By ▼ -0.03 (-0.17%)
SEARL 82.12 Increased By ▲ 3.47 (4.41%)
TELE 7.63 Decreased By ▼ -0.23 (-2.93%)
TOMCL 33.40 Decreased By ▼ -0.33 (-0.98%)
TPLP 8.44 Increased By ▲ 0.04 (0.48%)
TREET 16.30 Increased By ▲ 0.03 (0.18%)
TRG 56.55 Decreased By ▼ -1.67 (-2.87%)
UNITY 27.55 Increased By ▲ 0.06 (0.22%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 10,495 Increased By 50.1 (0.48%)
BR30 31,049 Decreased By -140.2 (-0.45%)
KSE100 98,165 Increased By 366.4 (0.37%)
KSE30 30,648 Increased By 167.3 (0.55%)
Markets

Saudi crude exports hit eight-month peak in December 2020

  • Exports rose to 6.495 million barrels per day (bpd), highest since April 2020, from November's 6.35 million bpd.
  • Saudi domestic crude refinery throughput fell by 0.4% to 2.33 million bpd, while direct crude burn dropped by 53,000 bpd to 267,000 bpd.
Published February 17, 2021

Saudi Arabia's crude oil exports rose for a sixth straight month to an eight-month peak in December 2020, official data showed on Wednesday.

Exports rose to 6.495 million barrels per day (bpd), highest since April 2020, from November's 6.35 million bpd.

The world's largest oil exporter's total crude and oil products exports rose month-on-month to 7.71 million barrels per day, the Joint Organisations Data Initiative (JODI) said on its website.

Saudi domestic crude refinery throughput fell by 0.4% to 2.33 million bpd, while direct crude burn dropped by 53,000 bpd to 267,000 bpd.

The country's crude output was little changed at 8.98 million bpd.

Saudi Arabia, plus other members of the Organization of the Petroleum Exporting Countries and its allies, have been curbing output to support oil prices since January 2017.

The kingdom has pledged an additional voluntary production cut of 1 million barrels per day (bpd) in February and March.

Monthly export figures are provided by Riyadh and other OPEC members to JODI, which publishes them on its website.

Comments

Comments are closed.