Tags: saudi | oil | crude

Oil Group: Saudis Reduced Output, Exports in December

Monday, 20 February 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.

© Copyright 2020 Bloomberg News. All rights reserved.

1Like our page
Monday, 20 February 2012 12:50 PM
Newsmax Media, Inc.

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved