Saudi crude exports rise to 6.07 million bpd in September: JODI

OPEC+ panel to meet amid oil price decline, worry of virus impact
OPEC+ panel to meet amid oil price decline, worry of virus impact

Saudi Arabia's crude oil exports rose for a third straight month to 6.07 million barrels per day (bpd) in September; from 5.97 million bpd in August, official data showed on Wednesday.

The country's crude output was at 8.98 million bpd in September, the official figures showed.

In general; crude exports from Saudi Arabia, the world's largest oil exporter; fell to their lowest on record in June; according to data from the Joint Organizations Data Initiative (JODI) stretching back to 2002.

As a matter of fact; the country's total oil product demand fell by 168,000 bpd in September to 2.38 million bpd, data on the JODI website showed.

Saudi domestic crude refinery throughput fell by 8.9% to 2.35 million bpd in September, while direct crude burn dropped by 87,000 bpd to 615,000 bpd.

OPEC+, which groups the Organization of the Petroleum Exporting Countries, Russia and others, is considering delaying a plan to boost output by 2 million barrels per day (bpd), or 2% of global demand, in January to support the market.

Monthly export figures are provided by Riyadh and other OPEC members to JODI, which publishes them on its website.

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