JODI: Saudi crude oil exports hit 21-month high in January

Foreign news on March 18, official data released on Friday showed that Saudi Arabia’s crude oil exports increased to 6.
996 million barrels per day in January, the highest level since April 2020
.


Saudi Arabia's crude oil exports in January rose 0.
9% from the previous month to 6.
937 million bpd, data from the Joint Organization Data Initiative (JODI) showed
.


Saudi Arabia is the world's largest oil exporter
.


Saudi crude oil production rose by 123,000 bpd in January from the previous month to 10.
145 million bpd, the highest since April 2020
.


Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries (OPEC) provide JODI with monthly export data, which the agency later publishes on its website
.


As the global economy recovers from the pandemic and global oil demand increases, Saudi Arabia and the rest of the Organization of the Petroleum Exporting Countries try to steadily expand output each month
.


Saudi Arabia's domestic crude oil processing increased by 83,000 barrels per day to 2.
777 million barrels per day in January; direct crude oil processing increased by 84,000 barrels per day to 402,000 barrels per day
.