JODI<\/a>), Saudi Arabia’s oil exports rose last October, for the sixth month in a row, to reach their highest levels since April 2020.<\/p>\nSaudi Arabia’s crude exports rose to 6.833 million barrels per day, last October, up from 6.516 million barrels per day last September.<\/p>\n
Saudi oil exports<\/h2>\n
Total exports of the world’s largest oil exporter, including petroleum products, amounted to 8.26 million barrels per day.<\/p>\n
Crude production rose by 118 thousand barrels per day to 9.780 million barrels per day last October, according to Reuters.<\/p>\n
The Organization of the Petroleum Exporting Countries and its allies, what is known as the \u201cOPEC +\u201d group, agreed this month to stick to its current policy of pumping monthly increases in production, while continuing to reduce record production cuts imposed in 2020.<\/p>\n
Crude consumption in Saudi domestic refineries rose to 2.611 million barrels per day last October, the highest level since January 2019.<\/p>\n
Figures from the JODI showed that direct burning of crude decreased by 215,000 barrels per day to 328,000.<\/p>\n
Saudi Arabia and other OPEC member countries submit monthly export data to the JODI, which they publish on their website.<\/p>\n
General budget<\/h2>\n
Last Sunday, the Saudi Cabinet approved the state’s general budget for the fiscal year 2022, which expects revenues of 1,045 billion riyals, and a total expenditure of 955 billion riyals.<\/p>\n
Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan announced that the Kingdom’s government seeks in 2022 and in the medium term to support the continuation of recovery in economic activity.<\/p>\n
In his presentation of the 2022 budget, Al-Jadaan referred to reducing dependence on oil revenues in the 2022 budget.<\/p>\n
He also stressed the commitment to achieving the goals of the Kingdom’s Vision 2030 by reducing dependence on oil revenues, diversifying the economy, developing non-oil revenues and ensuring their sustainability.<\/p>\n
He referred to the progress made during the last period in implementing the vision realization programs and major projects, as well as investment projects in various sectors, including infrastructure projects.<\/p>\n","protected":false},"excerpt":{"rendered":"
Saudi Arabia’s oil exports rose last October to their highest level in a year and a half. According to data issued by the Joint Organisations Data Initiative (JODI), Saudi Arabia’s oil exports rose last October, for the sixth month in a row, to reach their highest levels since April 2020. Saudi Arabia’s crude exports rose […]<\/p>\n","protected":false},"author":4,"featured_media":215340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[278,169],"class_list":["post-215339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured","tag-oil"],"yoast_head":"\n
Saudi Arabia's oil exports hit their highest in year and a half | BNReport<\/title>\n<meta name=\"description\" content=\"BNReport| Saudi Arabia's oil exports rose to 6.833 million barrels per day, last October, up from 6.516 million last September.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia's oil exports hit their highest in year and a half | BNReport\" \/>\n<meta property=\"og:description\" content=\"BNReport| Saudi Arabia's oil exports rose to 6.833 million barrels per day, last October, up from 6.516 million last September.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-17T08:57:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/12\/Saudi-oil-exports.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BNR staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BNR staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/\"},\"author\":{\"name\":\"BNR staff\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/58f65d9c9a5003dcc6e2d5774c54062e\"},\"headline\":\"Saudi Arabia’s oil exports hit their highest in year and a half\",\"datePublished\":\"2021-12-17T08:57:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/\"},\"wordCount\":348,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Saudi-oil-exports.jpg\",\"keywords\":[\"Featured\",\"Oil\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/\",\"name\":\"Saudi Arabia's oil exports hit their highest in year and a half | BNReport\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Saudi-oil-exports.jpg\",\"datePublished\":\"2021-12-17T08:57:40+00:00\",\"description\":\"BNReport| Saudi Arabia's oil exports rose to 6.833 million barrels per day, last October, up from 6.516 million last September.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Saudi-oil-exports.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/Saudi-oil-exports.jpg\",\"width\":1536,\"height\":1024,\"caption\":\"Saudi oil exports\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/saudi-oil-exports\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Saudi Arabia’s oil exports hit their highest in year and a half\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/58f65d9c9a5003dcc6e2d5774c54062e\",\"name\":\"BNR staff\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/mnsa\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Saudi Arabia's oil exports hit their highest in year and a half | BNReport","description":"BNReport| Saudi Arabia's oil exports rose to 6.833 million barrels per day, last October, up from 6.516 million last September.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/","og_locale":"en_US","og_type":"article","og_title":"Saudi Arabia's oil exports hit their highest in year and a half | BNReport","og_description":"BNReport| Saudi Arabia's oil exports rose to 6.833 million barrels per day, last October, up from 6.516 million last September.","og_url":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2021-12-17T08:57:40+00:00","og_image":[{"width":1536,"height":1024,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/12\/Saudi-oil-exports.jpg","type":"image\/jpeg"}],"author":"BNR staff","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"BNR staff","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/"},"author":{"name":"BNR staff","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/58f65d9c9a5003dcc6e2d5774c54062e"},"headline":"Saudi Arabia’s oil exports hit their highest in year and a half","datePublished":"2021-12-17T08:57:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/"},"wordCount":348,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/12\/Saudi-oil-exports.jpg","keywords":["Featured","Oil"],"articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/","url":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/","name":"Saudi Arabia's oil exports hit their highest in year and a half | BNReport","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/12\/Saudi-oil-exports.jpg","datePublished":"2021-12-17T08:57:40+00:00","description":"BNReport| Saudi Arabia's oil exports rose to 6.833 million barrels per day, last October, up from 6.516 million last September.","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/12\/Saudi-oil-exports.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2021\/12\/Saudi-oil-exports.jpg","width":1536,"height":1024,"caption":"Saudi oil exports"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/saudi-oil-exports\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Saudi Arabia’s oil exports hit their highest in year and a half"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/58f65d9c9a5003dcc6e2d5774c54062e","name":"BNR staff","url":"https:\/\/www.bnreport.com\/en\/author\/mnsa\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/215339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=215339"}],"version-history":[{"count":1,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/215339\/revisions"}],"predecessor-version":[{"id":215342,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/215339\/revisions\/215342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/215340"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=215339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=215339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=215339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}