Saudi Arabia’s Crude Oil Exports Jumped by 400,000 Bpd in April

Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday. Saudi Arabia, the world’s top crude exporter, saw its exports in April at an average of 6.17 million bpd, according to the JODI data which compiles self-reported figures from the individual countries. Crude oil production in Saudi Arabia rose by around 48,000 bpd in April compared to the March production level of 8.96 million bpd. Domestic refinery intake slumped…