According to Investing.com, Suudi Arabian exports of crude oil witnessed a significant increase in February, reaching a daily average of 7.276 million barrels. This figure represents a daily increase of 883,000 barrels compared to the 6,390 million barrels exported in January. The official data was made public on a weekday.
Official Data Revealed by Suudi Arabian Authorities
The monthly export figures were provided by the Suudi Arabian authorities to the Joint Organizations Data Initiative (JODI). The data was subsequently published on JODI’s website.
JODI: A Central Hub for Global Oil Data
JODI collects and disseminates oil data from OPEC members and other countries. It serves as a valuable resource for market analysis and forecasting.
February Exports Show a Notable Increase
Compared to the previous month, the daily export figures for February demonstrate a rise of 283,000 barrels.
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