Saudi crude exports hit five-month low in MaySaudi Arabia's crude oil exports fell to their lowest in five months in May despite near record production, as the Opec kingpin turns itself into a major refined-fuels power and as domestic consumption rises. Saudi Arabia, the More… |
Saudi sees oil exports steadySaudi Arabia has produced just under 9 million barrels per day (bpd) in March, but its exports have not increased and any spare crude has been put into storage, industry sources said on Monday. One source put production at 8.8 million bpd More… |