Saudi Arabia’s crude oil exports rose in May to 5.649 million barrels per day (bpd), their highest level in four months, Joint Organisations Data Initiative (JODI) said on its website on Monday. Crude oil exports rose from 5.408 million bpd in April, while the country’s total oil (crude oil and total oil products) exports stood at 6.94 million bpd in May compared with 6.62 million bpd the previous month. The world’s largest oil exporter’s crude output rose by 0.410 million bpd month-on-month to 8.544 mln bpd in May, the JODI figures showed. Saudi Arabia’s domestic crude refinery throughput rose 0.094 million bpd to 2.389 million bpd in May, while direct crude burn rose 44,000 bpd to 451,000 bpd. Saudi crude stocks rose 1.690 million […]