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Markets

Saudi seaborne crude exports fall to 6.2mn bpd in 1H Feb

Published February 18, 2019 Updated February 18, 2019 04:25pm

LONDON: Saudi seaborne crude exports fell in the first half of February with departures standing at 6.204 million barrels per day, a 1.341 million bpd decline on the previous month and 0.91 million bpd decline on the year, data intelligence firm Kpler said

Indian exports fell 144,000 bpd on the month to 784,000 bpd, exports to Thailand fell by 143,000 bpd to 70,000 bpd and South Korean exports fell 98,000 bpd to 730,000 bpd, Kpler said

Exports to China rose 165,000 bpd on the month to 1.386 million bpd, Kpler said

Saudi Energy Minister Khalid al-Falih told the Financial Times last week crude exports would fall in March to 6.9 million bpd.

Copyright Reuters, 2019

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