Oil: Saudi Arabia has less export since 2015

Official data showed that exports of crude oil from Saudi Arabia fell in February to the lowest level since mid-2015. The drastic change occurred in the period of the offer, whose reduction the country participates along with the Organization of petroleum exporting countries (Opec), in order to enhance the commodity.

According to the Joint Initiative data Organizations, in February, the oil export numbers in the country fell to 6,957,000 barrels, compared with 7,713,000 of bpd in the month of January. In November 2016, before starting the agreement with Opec, exports reached a record of 8,258,000 bpd.

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