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Saudi Crude Oil Exports Dropped in December From 7-Month High
Saudi Arabia’s crude oil exports fell in December by 60,000 barrels per day (bpd) from the seven-month high in November, the latest data from the Joint Organizations Data Initiative (JODI) showed on Tuesday. In November, Saudi crude oil exports jumped by 281,000 bpd to 6.21 million bpd—a seven-month high, according to the JODI database which compiles self-reported figures from individual countries. This followed a 174,000 bpd jump in October crude oil exports compared to September. But in the last month of 2024, the world’s top…