Sunday 19 June 2011

Saudi Arabian Crude Inventories Decline 4.3 Percent in April - Bloomberg

Oil inventories in Saudi Arabia, the world’s largest crude exporter, fell 4.3 percent in April from a month earlier, according to official data.

The Middle East country had 257.7 million barrels of crude in storage within its territory in April, compared with 269.4 million barrels in March, the government figures posted yesterday on the Joint Organization Data Initiative website show.

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