Saudi oil exports jump to 9M bpd in February

Saudi Arabia’s oil exports jumped to the level of nine million barrels per day during the month of February 2022, and this figure marked the highest level in 22 months, and the second-highest level ever.

The Kingdom’s oil exports reached 9.002 million barrels in February, and this showed an increase of 31.3 percent, equivalent to 2.147 million barrels per day, compared to the same month last year.

According to the newly released data of the Joint Oil Data Initiative (JODI) for the oil-producing countries, exports of Saudi oil, including crude and petroleum products, jumped during the month of February by 590,000 barrels per day compared to the previous month.

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