Browse
related articles
Saudi Arabia produced less oil in December
- Saudi Arabia: Monday, February 18 - 2013 at 04:18
According to the Joint Organisations Data Initiative, Saudi Arabia's crude oil output dropped in December to a 19-month low, as the biggest Opec producer shipped less oil and local use of crude dropped, Bloomberg has reported. The kingdom exported 7.06 million barrels of crude a day in December, 1.3% less than the previous month, and burned 303,000 barrels a day to produce electricity and desalinate water in December, the lowest level in 10 months, according to the data. That is 29% less than what it burned a year ago.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
