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Iraq, Saudi Arabia crude exports fell in November
- Iraq: Monday, January 21 - 2013 at 04:29
According to the Joint Organisations Data Initiative (JODI), Saudi Arabia has exported 1.7% less crude in November than in the previous month, while Iraq and five other Opec producers also curbed shipments, Bloomberg has reported. The kingdom, the largest producer among the Opec countries, shipped 7.15 million barrels a day in November, as it reduced monthly output by 2.4% to 9.49 million barrels a day. Iraq, with the second-biggest producer in OPEC, trimmed its exports by 3.3% to 2.62 million barrels a day even as it pumped 1.7% more oil, the data showed. JODI, supervised by the Riyadh-based International Energy Forum, uses statistics supplied by national governments to compile data on production, imports and exports for oil-producing and consuming nations.
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