Saudi Arabia Crude Exports Hit Three-Month High in May
07.22.2025 By Tank Terminals - NEWS

July 22, 2025 [Reuters]- Saudi Arabia’s crude oil exports in May rose to their highest in three months, data from the Joint Organizations Data Initiative (JODI) showed on Monday.

 

Crude exports from the world’s largest oil exporter rose to 6.191 million barrels per day (bpd) from 6.166 million bpd in April.

Saudi’s crude output for May was at 9.184 million bpd, up from 9.005 million bpd in April.

Saudi refineries’ crude throughput was at 2.721 million bpd, up 0.017 million bpd from April’s 2.704 million bpd, the data showed, while direct crude burning increased by 112,000 bpd to 489,000 bpd.

Saudi Arabia and other members of OPEC provide monthly export figures to JODI, which publishes them on its website.

The OPEC+ group comprising OPEC and allies such as Russia, this month agreed to raise production by 548,000 bpd in August, further accelerating output increases at its first meeting since oil prices jumped and then retreated after Israeli and U.S. attacks on Iran.

Five sources familiar with the discussions said that OPEC+ is likely to approve a further increase for September when it meets on August 3.

OPEC+ began to unwind cuts of 2.17 million bpd in April with a boost of 138,000 bpd, followed by further increases in May, June and July despite falling oil prices.

Meanwhile, Saudi Arabia’s energy ministry said the kingdom had been fully compliant with its voluntary OPEC+ output target, adding that Saudi-marketed crude supply in June was 9.352 million bpd, in line with the agreed quota.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +9,600 tank terminals and +6,000 production facilities worldwide.

 

Access data. Decide better. See how.

Uniper will Launch the Sale of its 20% Stake in Gas Pipeline OPAL
12.16.2025 - NEWS
December 16, 2025 [Uniper]- Uniper will launch the sale of its 20% stake in the regulated OPAL ga... Read More
Spain's Solarig to Invest Over $400 Million in Biomethane Plants in Poland
12.16.2025 - NEWS
December 16, 2025 [Reuters]- Spanish renewable developer Solarig will invest over 1.5 billion zlo... Read More
LNG Supply Expands Faster Than China’s Demand Growth
12.16.2025 - NEWS
December 16, 2025 [Oil Price]- China’s LNG demand is disappointing in 2025 for a second year in... Read More
Tanker Fleet Crunch Forecasts Strong Rates Through Early 2026
12.16.2025 - NEWS
December 16, 2025 [Oil Price]- Oil tanker rates are set to stay elevated in early 2026 as crude s... Read More