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Markets

Saudi Arabia pumped 9.7mn bpd of crude in August

Published September 9, 2012 Updated September 9, 2012 12:09pm

oil3 400DUBAI: Saudi Arabia produced 9.7 million barrels a day (bpd) of crude oil in August, down around 100,000 bpd from July, an industry source said on Sunday.

 

The top oil producer supplied 9.8 million bpd to the market in August, the source said, which implies production was supplemented with about 100,000 bpd from storage.

 

In July, Saudi Arabia produced 9.8 million bpd and pumped 100,000 into storage, leaving 9.7 million bpd for consumers.

 

Copyright Reuters, 2012

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