OPEC’s Crude Exports Increase 2% in June, Led by Saudi Shipments - Bloomberg

Exports of crude oil by OPEC member countries rose 2 percent in June after Saudi Arabia boosted shipments by 7.9 percent, according to data supplied to the Joint Organization Data Initiative.

The Organization of Petroleum Exporting Countries shipped 22.54 million barrels a day in June, up from 22.11 million in May, according to data posted today on the website. The association is supervised by the Riyadh-based International Energy Forum and compiles data from primary sources.

Saudi Arabia, the world’s largest crude exporter, exported 7.38 million barrels a day in June, up from 6.84 in the previous month, according to the figures. The June level was the highest since October 2008, when the kingdom shipped 7.51 million barrels a day. Oil shipments from Saudi Arabia increased as imports rose in Japan, South Korea and the U.S., according to the data.

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