Saudi oil output falls in Nov; exports hit 8-month high

By Mohamed Abu Meleeh

Riyadh – Mubasher: Saudi Arabia’s oil production declined in November to 10.19 million barrels per day (bpd), compared with 10.28 million bpd in October and 9.61 million pbd in November, 2014, showed recent data.

The kingdom’s exports reached 7.72 million bpd in November, 2015, compared with 7.36 million bpd in October and 7.29 million bpd in November, 2014; thus registering the highest level in eight months.

Saudi Arabia’s oil exports peaked to 7.9 million bpd in March.

Translated by Sayed Abdel Rahman

MUBASHER Contribution Time: 18-Jan-2016 12:24 (GMT)