Saudi crude exports sink to new record low

Arabian Post Staff -Dubai Saudi Arabia’s crude oil exports fell for a third consecutive month in May, reaching the lowest level recorded in more than two decades as conflict-driven shipping disruption across the Gulf constrained the kingdom’s ability to move supplies to overseas buyers. Exports dropped to 3.434 million barrels per day from 3.986 million bpd in April, data submitted to the Joint Organisations Data Initiative showed. [...] The article Saudi crude exports sink to new record low appeared first on Arabian Post .