Commodity News
SunSirs: Saudi Crude Oil Exports have Dropped to Their Lowest Level in Ten Months
July 08 2024 15:28:03 SunSirs (Selena)
According to foreign news on July 5th, Saudi Arabia, the world's largest crude oil exporter, saw its crude oil exports drop to the lowest level in 10 months in June.
At the beginning of last week, cruise tracking data showed that global sea freight shipments in June decreased by 1 million barrels per day compared to May, with half of the crude oil exports from Saudi Arabia decreasing.
Data shows that Saudi Arabia's sea freight crude oil shipments in June decreased by 529,000 barrels per day to 5.606 million barrels per day, lower than May's 6.135 million barrels per day.
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