AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.94 Increased By ▲ 0.26 (3.89%)
CNERGY 4.62 Decreased By ▼ -0.01 (-0.22%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.94 Increased By ▲ 1.25 (3%)
DGKC 84.26 Increased By ▲ 0.49 (0.58%)
FCCL 32.80 Increased By ▲ 0.03 (0.09%)
FFBL 78.00 Increased By ▲ 2.53 (3.35%)
FFL 12.16 Increased By ▲ 0.69 (6.02%)
HUBC 110.30 Decreased By ▼ -0.25 (-0.23%)
HUMNL 14.42 Decreased By ▼ -0.14 (-0.96%)
KEL 5.66 Increased By ▲ 0.27 (5.01%)
KOSM 8.40 No Change ▼ 0.00 (0%)
MLCF 39.50 Decreased By ▼ -0.29 (-0.73%)
NBP 64.00 Increased By ▲ 3.71 (6.15%)
OGDC 201.49 Increased By ▲ 1.83 (0.92%)
PAEL 26.50 Decreased By ▼ -0.15 (-0.56%)
PIBTL 7.77 Increased By ▲ 0.11 (1.44%)
PPL 161.01 Increased By ▲ 3.09 (1.96%)
PRL 26.60 Decreased By ▼ -0.13 (-0.49%)
PTC 18.59 Increased By ▲ 0.13 (0.7%)
SEARL 82.81 Increased By ▲ 0.37 (0.45%)
TELE 8.24 Decreased By ▼ -0.07 (-0.84%)
TOMCL 34.37 Decreased By ▼ -0.14 (-0.41%)
TPLP 9.01 Decreased By ▼ -0.05 (-0.55%)
TREET 16.96 Decreased By ▼ -0.51 (-2.92%)
TRG 60.29 Decreased By ▼ -1.03 (-1.68%)
UNITY 27.61 Increased By ▲ 0.18 (0.66%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,722 Increased By 314.8 (3.03%)
BR30 32,041 Increased By 327.6 (1.03%)
KSE100 99,453 Increased By 2124.6 (2.18%)
KSE30 31,036 Increased By 843.8 (2.79%)

Saudi Arabia’s crude oil exports in February edged up to 6.317 million barrels per day (bpd) from 6.297 million bpd in January, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday.

The world’s largest oil exporter’s crude oil production increased by 0.6% to 9.01 million bpd while inventories fell by 6.73 million barrels to 145.09 million.

JODI is provided with monthly export figures by Riyadh and other members of the Organization of the Petroleum Exporting Countries (OPEC) and publishes them on its website.

Oil dips as demand worries outweigh Middle East supply risks

Data showed that Saudi refineries’ crude throughput rose by 250,000 bpd to 2.675 million bpd in February while direct crude burning increased by 52,000 bpd to 360,000 bpd.

Meanwhile, the country’s oil products exports rose by 147,000 bpd to 1.39 million bpd.

Separately, Saudi Arabia has raised the official selling price for its flagship Arab Light crude oil for customers in Asia and the Mediterranean in May.

Earlier this month, OPEC and allies including Russia, a grouping known as OPEC+, kept their oil supply policy unchanged and pressed some countries to increase compliance with output cuts.

Comments

Comments are closed.