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Saudi output under 9m bpd
- Saudi Arabia: Sunday, August 27 - 2006 at 08:02
Saudi Arabia's crude oil output in May dipped to 8.9m bpd, around 250,000 bpd below consensus estimates, according to global oil database Jodi and cited by agency reports. This output figure is the lowest since January 2005. Saudi scaled back its output in Q2 due to falling demand from oil refiners who commenced seasonal maintenance.
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Jonathan Sheikh-Miller, Deputy EditorSunday, August 27 - 2006 at 08:02 UAE local time (GMT+4)
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This article was updated on Mon Apr 16 2007.
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