Saudi Crude Output, Exports Rise
From Gulf News
by Dow Jones
Oil production in Saudi Arabia, the world’s largest exporter of crude, jumped to 10.034 million barrels a day in July, compared with 9.642 million barrels a day a month earlier, while exports rose 2.1% during the same period, official data showed Wednesday.
The kingdom exported 7.470 million barrels a day of crude oil and condensate in June, up from 7.315 million barrels a day in June, according to figures posted on the Joint Organisation Data Initiative, or JODI, website.
JODI is supervised by the Riyadh-based International Energy Forum and shows data supplied directly by governments dating back to 2002.
Saudi Arabia used 757,000 barrels a day in power stations and water-desalination plants in July, up from the 742,000 barrels a day during the corresponding period in 2012 and also up from the 592,000 barrels a day consumed a month earlier.
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