Markets
Saudi pumped 9.606mn bpd of crude in July
DUBAI : Leading oil exporter Saudi Arabia produced 9.606 million barrels a day (bpd) of crude in July, 207,000 bpd les
DUBAI: Leading oil exporter Saudi Arabia produced 9.606 million barrels a day (bpd) of crude in July, 207,000 bpd less than in June, according to the latest official data published by the Joint Data Initiative (JODI).
Saudi crude production in June of 9.813 million bpd was the highest level since JODI records began in 2002 and came after Saudi Arabia's Oil Minister Ali al-Naimi said the kingdom would produce all the oil customers wanted when OPEC talks over production levels collapsed on June 8.
Saudi exported 7.189 million barrels per day in July, down from 7.378 million in June, the latest JODI data showed.
Copyright Reuters, 2011
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