Saudi Arabia’s crude oil exports fell to their lowest: crude exports fell by 5.408 million barrels per day (bpd), while in April, it went down by 8.134 million bpd.
By the end of 2021, oil extraction in Saudi Arabia is projected to increase by 500,000 barrels per day, reaching 10 mln.
The country’s domestic refinery received around 2.295 mln barrels for procession, while crude oil supplies increased to around 134.085 mln barrels.
In April, oil exports reached 1.216 mln barrels, while demand for oil products 2.15 mln daily.
The country's GDP fell by 3% in the first quarter, a little lower than the official data.