┬áSaudi Arabia’s crude stockpiles dropped to their lowest on record in December as the OPEC kingpin continued to push out more exports with direct use falling even more, according to data from the Joint Organisations Data Initiative. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Stocks ended the month at 140 million barrels, down from 143.4 million at the end of November and the lowest since the data started being collected in January 2002, the JODI data released Feb. 17 showed. Exports reached 6.495 million b/d, the highest since the record 10.237 million b/d was set in April 2020. Saudi crude exports have increased every month since dipping to a historic low of 4.98 million b/d in June, […]