Tags: saudi | oil | crude

Oil Group: Saudis Reduced Output, Exports in December

Monday, 20 Feb 2012 12:50 PM

Saudi Arabia, OPEC’s largest crude producer, reduced oil output and exports in December, according to the Joint Organization Data Initiative.

The country pumped 9.81 million barrels a day of crude compared with 10.047 million in November, statistics posted Saturday on JODI’s website show. The kingdom’s exports were cut 7.36 million barrels a day from 7.8 million barrels, according to the figures.

JODI is supervised by the Riyadh-based International Energy Forum and compiles data supplied by member governments.

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