Saudi Arabia cut its oil exports by 1.3% M/M in December to a 15-month low of 7.06M bpd, while...

|By:, SA News Editor

Saudi Arabia cut its oil exports by 1.3% M/M in December to a 15-month low of 7.06M bpd, while Iraq reduced shipments by 10% to 2.35M bpd, the Joint Organizations Data Initiative says. However, Nigeria increased overseas sales by 14% to 2.29M bpd and Venezuela by 19% to 1.97M bpd, the most since July 2008. WTI -0.3%.