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In July oil production of Saudi Arabia was unprecedented high

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In July oil production of Saudi Arabia was unprecedented high

In July oil production of Saudi Arabia was unprecedented high
September 20
09:00 2016

According to the Joint Organization Data Initiative (JODI), the past July for Saudi Arabia became the month of unprecedented oil production.

The total amount of the Saudi Kingdom’s production of raw materials in July increased by 123 thousand barrels per day (b / d) against June when it was 10.673 million b / d.

In July the deliveries of “black gold” from Saudi Arabia soared by 166 thousand barrels per day. This has been the peak rate for July since 2002. By the way, this figure was equal to 7.622 million b / d in June.

The amount of raw materials that Saudi Arabia uses in order to generate the electric current decreased by 7 million b / d and amounted to 697 thousand b / d in July. It has been the lowest mark for this time of the year since 2010.

In July Iran’s oil production rose to 3.62 million b / d. The month earlier the production was equal to 3.61 million b / d. The export has risen to 2.015 million b / d.

Two months earlier the oil production in Iraq rose to 4.606 million b / d. A month earlier it was 4.549 million b / d. According to the information from the JODI, the export has risen from 3.175 million b / d to 3.202 million b / d.

Kuwait’s oil production was stable at around 2.95 million b / d in July. The export has decreased and amounted to 2.063 million b / d.

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