Saudi crude oil exports and production went up in October to reach their highest levels since April 2020, data released by Jodi revealed.

Saudi crude oil exports grew by 317,000 barrels per day to hit 6.83 million BPD.

This corresponded to a monthly 5 percent increase from 6.52 million BPD in September.

In annual terms, outgoing oil shipments were up by 10.9 percent.

Similarly, crude oil production increased to 9.78 million BPD in October, slightly up from September’s 9.66 million BPD. This was accompanied by a 9 percent yearly growth.