Sunday 18 August 2013

Saudi Arabia and Iraq Cut Oil Exports in June: JODI Data - Bloomberg

Saudi Arabia and Iraq Cut Oil Exports in June: JODI Data - Bloomberg:

"Saudi Arabia, the world’s largest oil exporter, shipped less crude in June and exports also slid in fellow OPEC members Iraq, Kuwait and Nigeria, according to official data.
The kingdom delivered 7.32 million barrels a day, down from 7.79 million in May, according to figures the governments filed with the Joint Organizations Data Initiative. Daily Saudi production fell by 20,000 barrels in June to 9.64 million.
Exports from Iraq, OPEC’s second-largest producer, slumped to 2.33 million barrels a day from 2.48 million in May, the data showed. Kuwaiti crude shipments dropped to 2.09 million barrels a day in June from 2.23 million in the prior month."

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