Saudi Arabia’s crude exports rose to a seven-month high in November and, with production capped by the OPEC+ agreement, domestic stockpiles ended the month at a 17-year low, according to data from the Joint Organisations Data Initiative. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Shipments from the OPEC kingpin ticked up to 6.35 million b/d from 6.16 million b/d in October, the data released Jan. 20 showed. With production holding at 8.97 million b/d — just below its OPEC+ quota — Saudi Arabia’s domestic crude stockpiles fell by 1.2 million barrels in November to 143.43 million barrels, the lowest since November 2003. Saudi crude exports have increased every month since dipping to a historic low of […]